Mar 26 2025 46 mins 1
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In this episode of the Book Deal podcast, hosts Tina Strachan and Madeleine Cleary explore the multifaceted landscape of author earnings, from advances and royalties to additional income streams like ELR/PLR, speaking engagements and library visits. They discuss the financial realities authors face, such as the impact of book piracy, including the recent revelations that Meta used the pirated-book database Library Genesis to train its AI. Pirated works includes members of the 2025 Debut Crew, who have only just been published in Australia.
The Debut Author in the Spotlight is James Hinchon, author of 'Llamas in the Library,' published by Five Mile and released on 1 February 2025.
00:00 Welcome to the Book Deal Podcast
00:43 Newsletter Launch Announcement
01:20 Our Updates
10:36 Social Media and AI Piracy Concerns
16:25 How Authors Make Money
19:51 Introducing James Hinchon and His Debut Book
21:07 Earning Money as an Emerging Writer
22:05 Understanding Book Advances
22:53 The Reality of Earning Out
23:34 The Flip Side of Advances
24:09 Breaking Down a Six-Figure Deal
26:55 Royalties Explained
28:43 Additional Revenue Streams for Authors
33:10 Library Lending and Author Compensation
34:52 The Importance of Supporting Authors
42:05 Realistic Goals and Aspirations
44:19 Final Thoughts and Tips
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Tina Strachan (@td_strachan) • Instagram photos and videos
Tina Strachan children's book author
Madeleine Cleary (@madeleineclearywrites) • Instagram photos and videos
Madeleine Cleary | Author
If you want to stay in the know, sign up to Madeleine and Tina's quarterly newsletters for the latest news first.
Madeleine: Subscribe here
Tina: Subscribe here