Literary Lingo

It’s time for some Literary Lingo.

Today’s word is: Royalty rates (As defined by Rachelle Gardner)

The royalty rate for every format imaginable is set in the contract: hardcover, trade paper, mass market paper, audio editions, electronic editions, all special editions such as book club, bulk sales and even Braille editions. Depending on the author and the publisher, we may be able to negotiate better royalty rates on hardcover and trade paper; less commonly on mass market or any of the other formats. For e-books, most publishers have settled on a 25% royalty rate (thanks to previous agent negotiations).

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Published in: on December 2, 2010 at 9:24 am  Leave a Comment  

Picture prompt

Published in: on December 2, 2010 at 9:24 am  Leave a Comment