Not exact matches
This means that other than BMI's operating expenses, which are approximately 12
cents on every dollar, all of the money collected from licensing
fees is paid out as
royalties to songwriters.
They can say «well, we sold it on sale in Iceland for the equivalent of $ 5.00, but with the exchange rate at time of sale, and the
fees of transferring and converting currency, your
royalty is 0.04
cents.
On top of that, our favorite elephant in the room, Amazon, deducts fifteen
cents per megabyte from every
royalty payment as a «transport
fee.»
Kindle offers a 70 %
royalty on books with a list price of $ 9.99, so the
royalty on a $ 9.99 e-book can be as high as $ 6.99 (it will be somewhat lower due to the 15
cents per Mb delivery
fee).
The
royalty fee — five per
cent on gross revenue after the first $ 3,000 per product, per quarter — will remain.