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Writers in a Facebook group I belong to have been asking about this: joint accounting is when your royalties for book 1 are held back until the advance for book 2 has earned out.
Is this normal practise these days? Because in my days with an agent and a mainstream publisher, I had never even heard of it, it certainly wasn't in any of my contracts (1 book, then 2 books) Now it seems to be quite regular, with agents pushing back and many publishers insisting on doing it this way.
Is this normal practise these days? Because in my days with an agent and a mainstream publisher, I had never even heard of it, it certainly wasn't in any of my contracts (1 book, then 2 books) Now it seems to be quite regular, with agents pushing back and many publishers insisting on doing it this way.
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