Getting a multi-book deal sounds pretty dream-worthy. Like, the only thing better than getting one book published is having several, right? Well, like everything in life, there are some wonderful things about multi-book deals…and some bad.
Disclaimer: I am more grateful than you can ever, EVER know about becoming a published author. But everyday I learn new things about this whole “writing under contract” that I had no idea about before I sold my book. I don’t want you to think I’m complaining; I am merely stating the way things are in my life and also the lives of many of my author friends. C’est la vie d’un auteur.
Why Getting a Multi-book Deal is Awesome
1. The obvious reason is that you’ve just sold three books. You’re guaranteed >1 published novel–huzzah!*
2. Your first advance is kinda big. I mean, not necessarily huge, but certainly the biggest of your advance checks. Why? Because it’s your “Signing Advance”. For example, in a three book deal where each book sold for $15K, then each book’s advance will be split three ways. This means each advance check will be $5K. HOWEVER, that first signing check is nice and fat because you just signed for all three books. So you’re first check is a wopping $15K. Yippee!**
3. You can brag to people about selling multiple books because it sounds really wicked cool. Read More

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Publishing Industry Lowdown (April 30-May 18)
It’s that day again–time for Sooz’s YA and MG Publishing Industry Lowdow. The general idea is that I share all the deals I know 0f in the young adult and middle grade publishing world each Friday.
My source for deal news is Publishers Marketplace, which requires a paid subscription. As such I’m only sharing part of the information here–basically, just author names and pitches. If you want to know deal sizes (e.g. advances), editors, publishers, and agents, I highly recommend you sign up for PM–it’s totally worth the cost!
Holy moly, we have three weeks of deals to catch up on. YIKES! We’d best get started!
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