Getting to Keep 10% of Everything You Earn

By Lexi Revellian @LexiRevellian
This is a brief snippet from an old BBC sitcom, Hancock's Half Hour:
Sid James: “You’ve forgotten something, mate. I’m your agent, remember? I got a contract with you.”

Hancock: “Contract? You’ve been holding that thing over my head for five years now, allowing me to keep 10% of everything that I earn.” 


Audience laughter at the rapacity of Sid James and Hancock’s gullibility.
Now imagine Sid as a publisher, and Hancock as a writer, and suddenly it's normal and accepted and nobody laughs. (And his literary agent would take 15% 0f the 10%...)