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Bestselling author Joanna Penn estimates that the average pay for a 32-page picture book is $3,000 $12,000, meaning a 32 page book with 20 illustrations equates anywhere from $150 to $600 per illustration. Publishing expert Anthony Puttee estimates a slightly lower standard rate of about $120 per illustration.
Under standard royalties, an author gets roughly 20 to 30% of the publisher's revenue for a hardcover, 15% for a trade paperback, and 25% for an eBook. So, very roughly, every hardcover release that earns out brings the author something like 25% of all revenue earned by the publisher.
The short answer is the copyrights are yours! Unless one of three things happen: you work as an employee and illustration is part of your job. your illustration contract contains a work-for-hire clause.
So you'd quickly be found out and an author/illustrator who feels cheated by their publisher isn't a happy author. It's worth saying, of course, that, agents take a percentage (10% 15% of the author/illustrators earnings from publishers as a rough rule).
Bestselling author Joanna Penn estimates that the average pay for a 32-page picture book is $3,000 $12,000, meaning a 32 page book with 20 illustrations equates anywhere from $150 to $600 per illustration. Publishing expert Anthony Puttee estimates a slightly lower standard rate of about $120 per illustration.
We agree to pay an author/illustrator an advance against royalties. A proportion of this is paid when we sign the contract with the author/illustrator; a proportion is paid on the delivery of the work that they've agreed to do; and a proportion is paid on the publication of the book.
If you're the author and illustrator, you'll get to keep the full royalty rate, which would be similar to above: around 10% with possible benchmarks that will raise it to around 15%. If you're only the illustrator, the royalties will be split equally between you and the author.
Picture book illustrators often earn a higher advance than the author, but they generally earn the same royalty percentages. Rather than a lump sum, most advances for picture books are divided into halves or thirds and paid at specified stages of the two-to-four-year editing and production process.
Hourly rates for illustrators range from $25 to $100, and can be higher depending on the area of specialty and artist reputation. Nationwide, the average costs for an illustration project can range from $90 to $465, but larger projects will command higher rates, and every project is different.