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Re: [GWL]: Book Fees


It's interesting that publishers are still offering 'published price' 
royalties. So many these days only offer a % of 'net receipts', that 
is a % of the amount the publisher actually receives from 
wholesalers, distributors etc. So if they discount the book, the 
author gets less. And, of course, you usually find that the % of the 
net receipt offered on a book sold at full published price is less 
than the equivalent of the old standard - 10% of published price. 
It's the publishers way of 'squeezing the supplier' in a competitive 
market - we're the suppliers.

Interestingly, a very well known and respected and 
multiple-award-winning British writer emailed me the other day 
asking: 'Have you ever made any money from books?' She reckons that 
the benefits to her have been almost entirely ancillary - more talks, 
more requests and better pay for magazine features and so on - and as 
a way of making a living books are a waste of time. An 
internationally famous garden photographer once said to me after his 
first book as an author had been out for a year or two: 'That was a 
waste of time, I made almost nothing as writer - I'm sticking to 
pictures.'

It's tough.

Graham Rice

http://grahamrice.com



>   Fees for books vary widely depending on the economy, the expectations for
>the book, the size of the print run, whether you're providing text and
>photography or just text, and so forth.  Try to negociate a good royalty fee.
>  A large advance is great if you don't expect the publisher to make that
>money back (not a Good Thing for the publisher!), but once the book has
>earned it's advance, then your income comes from the royalties. 
>        Royalties often come on a sliding scale.  For example (taken from one
>of my contracts):
>     Trade - U.S. Hardcover
>     10% to 10,000 copies (after advance is earned)
>     12.25% 10,001 - 20,000 copies
>     15% 20,0001 copies and thereafter
>     Trade - U.S. Paperback
>     6% to 10,000 copies
>     7.5% 10,001 copies and thereafter
>     Foreign - Hardcover
>     5%
>     Foreign - Paperback
>     3.5%
>     Publisher-owned book clubs
>     5%
>     (Note: these percentages are on the list price of the book)
>     Good luck,
>     Catriona Tudor Erler
>    
>
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