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An author publisher agreement is a legally enforceable agreement between the author and the publisher. The publisher pays royalties to the author in exchange for exclusive publication rights. Royalties are usually a percentage of the cover price of the book, typically 7.5% to 8% for paperback and hardcover editions. Experienced and best-selling authors may receive higher royalty payments. Some publishers may mislead authors by providing incomplete or false royalty information. The more books the author sells, the more royalties they can earn.
