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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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