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The first book advance I got was paid out in thirds. And over time, as I’ve had different deals, the advances get chopped up into ever-smaller parcels.

Follow Me Written By

Franklin Foer

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If I’m reading my Facebook feed, it’s using algorithms, procedures, and methods to give me what I want, or what it thinks that I want, or what suits its business plan.

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I think what’s happening with book advances is something that most of the world just doesn’t fully appreciate, especially when it comes to nonfiction, because writing a book of investigative journalism is an expensive endeavor, and the system works best if you have publishers making bets on authors.

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April 27, 2024

I think what’s happening with book advances is something that most of the world just doesn’t fully appreciate, especially when it comes to nonfiction, because writing a book of investigative journalism is an expensive endeavor, and the system works best if you have publishers making bets on authors.

Previous

April 27, 2024

If I’m reading my Facebook feed, it’s using algorithms, procedures, and methods to give me what I want, or what it thinks that I want, or what suits its business plan.

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