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An author-publisher agreement is a legally binding contract between an author and a publisher, where the author provides the manuscript, and the publisher pays royalties for exclusive publication rights. Royalties are typically a percentage of the book's cover price, with common rates around 7.5% to 8% for paperback and hardcover editions. Experienced or bestselling authors may negotiate higher rates. However, many publishers mislead authors by offering incomplete or inaccurate royalty information, including delaying royalty payments. This video tutorial provides essential information about royalties and the intricacies of author-publisher agreements.