Posts Tagged: advances

(Attractive) Debut Novelists Earn Millions

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Emma Cline received $2m advance for The Girls, due out in June, which puts her near the top of a growing list of first-time writers with advances in the millions. Last year, City on Fire earned Garth Risk Hallberg a $2m advance. The allure of debut novelists isn’t always an economic issue: Given the amount of […]

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The Million-Dollar Debut

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While most debut novelists are seeing advances shrink, a handful of authors are seeing the reverse: million-dollar paydays. Consider Garth Risk Hallberg‘s City on Fire, released earlier this year. The 900-plus-page book earned a $2m advance. The novel will have to sell more then 300,000 copies to earn back the money. The Wall Street Journal […]

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