4 ms·
I wrote an academic book several years ago with a traditional publisher. I was supposed to get a royalty of 10% but I probably never understood the legal mumbo-
by Al-Khwarizmi 7y ago
I wrote an academic book several years ago with a traditional publisher. I was supposed to get a royalty of 10% but I probably never understood the legal mumbo-jumbo (it's not something I make significant income out of, so I didn't bother to inform myself much), because the book ended up selling for around $100 (!) while I was getting around one dollar per unit. In the electronic version, I think the price was a bit less ridiculous (around $50) and I was still getting $1 or less per unit.
Other academics I know have similar experiences. So getting 30% of the sales price comparably looks like a good deal to me...
- dmix 7y agoI’ve taken two writing courses and both professors were best selling authors and claimed not to make a penny besides the advance, even though they made the list. Writing a book, for the vast majority of authors, is a money losing enterprise that comes back in various other ways. Such as speaking and consulting gigs as a domain expert. A lot of the books I’ve seen self published on amazon wouldn’t get a juicy book deal anyway. Most of it is garbage and quantity over quality.