Advances, royalties, pirated books and other ways authors may (or may not) earn money


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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 children's book author
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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