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An author-publisher agreement is a legally binding contract between an author and a publisher, where the author grants exclusive publication rights to their manuscript in exchange for royalties. Author royalties are typically a fixed percentage, usually around 7.5% to 8% of the book's cover price, which increases with higher sales. While experienced and bestselling authors may negotiate for higher percentages, many publishers can mislead authors regarding royalty rates and payments, often providing incomplete or misleading information about royalties. This video will clarify these points regarding author royalties and the publishing process.