Catherine_Ryan_Hyde

The (Unlikely) Economics of Your Book Becoming a Movie

Previously for DailyFinance, Catherine Ryan Hyde described how novelists (theoretically) profit from their books. Here, the author of Pay It Forward, which was adapted to film, explains what happens to authors when their books become movies. Hint: Money doesn't have a starring role.

The (Paltry) Economics of Being a Novelist

Veteran novelist Catherine Ryan Hyde (Pay It Forward and 15 other books) describes the monetary underpinnings of the novelist's business. Did you know that authors generally get just two royalty checks a year? That is, if there are any royalties at all.