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An author publisher agreement is a legally enforceable contract between an author and a publisher. The author grants the publisher exclusive book publication rights in exchange for royalties. The royalties are typically a fixed percentage of the book's cover price, with more sales leading to greater royalties. Royalties are usually set at 7.5% to 8% for paperback and hardcover editions, but may be higher for experienced or bestselling authors. However, some publishers may provide incomplete or false royalty information.
