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Junkie was published by Ace Books, a paperback house established in 1952 to surf the huge wave of paperback's popularity to the bank. Ace was owned by A.A. Wyn who, as most paperback publishers of the era, had strong credentials in the pulp magazine business before launching the imprint. His nephew, Carl Solomon, recently a patient at New York State Psychiatric Institute, was a staff editor (along with writer Donald A. Wollheim). Soon, a friend and fellow patient of Solomon's from the mental hospital, Beat poet Allen Ginsberg, approached him with a few manuscripts written by friends who couldn't get the time of day from mainstream publishers. Acting as Burroughs' "secret literary agent," Ginsberg negotiated a contract granting Burroughs an $800 advance against an initial printing of 100,000 copies, 100,000--250,000-copy print runs typical at the time for all paperbacks. Burroughs likely received the industry standard for royalties: 1¢ per book for the first 150,000 copies sold, 1.5¢ over 150,000, though this figure was for 25¢ books; at 35¢, Junkie may have earned Burroughs a small fraction more.
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