4 ms·
Do you have a source for that? According to this article, they are much less than that: >...royalties, at least among the top houses, are basically the same.
by opo 6y ago
Do you have a source for that? According to this article, they are much less than that:
>...royalties, at least among the top houses, are basically the same. Authors are paid, for hardcovers, 10% of the cover price on the first 5,000 copies sold, 12.5% on the next 5,000, and 15% thereafter. For paperbacks authors receive 7.5% of the cover price (occasionally with an escalator) and for eBooks 25% of the publisher’s net receipts. Many independent publishers pay lower royalties than these, but rarely do they pay higher. Competition between publishers takes the form of advance competition, with royalties generally being very similar, especially at the big houses.
https://literaryagentmarkgottlieb.com/blog/are-royalties-fair-a-publisher-weighs-in https://literaryagentmarkgottlieb.com/blog/are-royalties-fai...
- gamblor956 6y agoYes, I was actually referring to the page you cited... It's the "authoritative" source for the Google search on US book royalty rates. See further down: "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. This percentage would drop once the paperback comes out, if it sells in significant numbers." 10% of cover price is usually the same as 20-30% of the publisher's revenue. You only drop down to 1.5% territory if your books are being discounted, meaning, if they aren't selling at cover price and they've been put into the bargain bin.
- wdb 6y agoThe computer books market is different compared to your typical fiction books market. Looks like you are referring to the latter.
- gamblor956 6y agoAs is the article under discussion... Computer books is a tiny fraction of the book market.