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Re: Contract Question
Thanks to all of you who responded! You've convinced me of one specific
thing -- it's time to call a lawyer! And that's exactly what I'm going to
do this morning. This won't be a big money-maker by any stretch of the
imagination - but still don't want to be taken for a ride either.
Thanks again to all of you!
Lina
In a message dated 1/7/2013 12:56:32 P.M. Eastern Standard Time,
gardeningemail@gmail.com writes:
First question. Who owns the rights? Have they reverted to you?
Point - 25% is the industry standard but as somebody pointed out - gross
versus net is critical and quite frankly, even at 25% you won't make a lot.
For example, if a 10.00 ebook is sold on Amazon. Assuming it's a large
file size, the publisher will usually use a 35% royalty rate because of the
"delivery" charges Amazon charges based on the size of the ms. (if there
are a lot of pics - count on the 35%)
The publisher then receives $3.50 Gross or Net from there?
At 10% of Net, you won't pay for the coffee-energy it will take to walk to
the mailbox. ;-) At 25% of Net you might afford the coffee but....
On the other hand, if you own the rights and / or can have them reverted
and if the topic is marketable - then it may be a candidate for doing it
yourself.
Simply more food for thought. At this point, I never, ever give up
e-rights to anything unless there's a goodly amount of money in it. I'll
take the 35% for the small amount of work involved in formatting a book
for
Amazon.
Doug
On Mon, Jan 7, 2013 at 12:18 PM, <AldieOaks@aol.com> wrote:
> Hi folks. I have a question I hope one (or more) of you can answer.
>
> Situation: Book has been out of print for 10 years. Publisher wants to
> reissue as electronic book and possibly as "Electronic Multimedia
Version"
> (whatever that is).
>
> Royalty offered: 10% of net receipts.
>
--
Doug Green
A million readers a month can't be all wrong
http://www.douggreensgarden.com/about.html <http://www.simplegiftsfarm.com>
https://www.amazon.com/author/douglasgreen
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