Authors earnings
Discussion
Charles Stross has a blog and in one post breaks down the process and costs comprehensively.
I found it an interesting series;
http://www.antipope.org/charlie/blog-static/2010/0...
I found it an interesting series;
http://www.antipope.org/charlie/blog-static/2010/0...
I had a couple of succesful books published in the past. The answer is always 'it depends.' Publishers contracts are minefields of dis-information and obfustications. My last was over thirty pages long.
The UK is a relatively small market controlled by a cartel of publishers and distributors, and contracts can be heavy-handed. Royalty payments tended to be based on the wholesale discount prices, not the retail, less customer returns, and occasionally, less distribution costs and publicity copies. An author might receive 10-12% of the wholesale price which is about 1/3rd of retail. Or less.
Syndication/re-publishing rights are often given away for peanuts by UK authors, so most of the successful ones will have a literary agent to sift through the mire or publish in the US first.
Three years after my first book was published, I received a large negative royalty statement. WH Smith had ordered two pallets worth of books, warehoused them for three years, then returned them to the distributor.
I didn't pay the publisher so every statement after that was always negative. I got a 'proper' job.
The UK is a relatively small market controlled by a cartel of publishers and distributors, and contracts can be heavy-handed. Royalty payments tended to be based on the wholesale discount prices, not the retail, less customer returns, and occasionally, less distribution costs and publicity copies. An author might receive 10-12% of the wholesale price which is about 1/3rd of retail. Or less.
Syndication/re-publishing rights are often given away for peanuts by UK authors, so most of the successful ones will have a literary agent to sift through the mire or publish in the US first.
Three years after my first book was published, I received a large negative royalty statement. WH Smith had ordered two pallets worth of books, warehoused them for three years, then returned them to the distributor.
I didn't pay the publisher so every statement after that was always negative. I got a 'proper' job.
Edited by Slushbox on Friday 7th October 11:33
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