4 Comments

What did u say? Risk sharing !!! Authors get only 6% or lower Royalty and that’s it. Which angle it is sharing. It’s a gimmick of money making publishing industry

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seems like another (primary?) reason is incentives. To hedge against the author writing to only appeal to the publisher’s taste, the author has additional incentive to write a book that actually sells. Royalties also give an increased incentive for post-publishing promotion via events, tweets, book signings, etc.

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It may also create a disincentive for the author to publish substantively similar content elsewhere (possibly for free) on their own blogs or future books

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can the same logic be applied to hiring > compensation packages?

If not, what's the difference?

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