Hello AW Community,
I posted this in the Paying Market thread as well, but thought it was also pertinent here. On January 1 2015, Mojocastle Press officially became an advance paying publisher. Our very first advance contract was signed by none other than Ms. Morgan Hawke!
We will continue to maintain our 45% royalty rate for ebooks and print, but now will also pay advances for new, unpublished manuscripts over 12,000 words. To make sure that quality and the Mojocastle "author experience" remains the same, we have decided to limit production to only five books per month (60 per year).
Those manuscripts that meet the criteria will be paid according to word count (prior to editing) in accordance with the following schedule:
12,000-35,000 words - $25
35,000-50,000 words - $50
50,000 words and up - $75
For more information on the submission process, please use the following link: http://www.mojocastle.com/submissions.html/
A sample of the Mojocastle Press Contract can be found here: http://www.mojocastle.com/mojocastle-contract