Sam joined NLA in 2016 and works closely with Angie
on royalty statement auditing and with Lori for NLA Digital.
Often you don't get enough information
on a royalty statement to tell anything.
You should be aware that the largest retailers, including Barnes & Noble and Amazon, place orders for Archway Publishing titles through Ingram; those orders will appear as wholesale sales
on your royalty statement.
Please be aware that the largest retailers, including Barnes & Noble, place orders for print copies of Archway titles through Ingram, so those orders will appear as wholesale sales
on your royalty statement.
This is all a long answer to a very simple question: What's happened
on the royalty statement front in the past year?
I have a lot of information from writers, most of which is in private correspondence, none of which I can share, that leads me to believe that this particular agency isn't the only one that used my blog
on royalty statements to benefit their bestsellers and hurt their midlist writers.
When they drill down into the numbers
on their royalty statements, these writers find very few paper books (hardcover or mass market) selling at full retail price.
I can't comment
on the royalty statements that you're mentioning cause you haven't shown them to me.
Another reader sent me this link from Agent Kristin Nelson's blog
on royalty statements: http://nelsonagency.com/2015/07/guest-post-by-angie-hodapp-authors-do-you-know-where-your-money-is/
To the larger issue — well, having seen the big files that Brian Hibbs reports on, I can say that at least on the end - of - year data he's been getting, the figures seem generally reflective of what they «should» be, which is 70 % or so of the returnable - copy sales I see
on royalty statements.
I track my own sales as listed by Amazon Author Central (which gets its data from Bookscan) against my actual sales as listed
on my royalty statements, and I find Bookscan is so far off as to be completely useless.
Hard to say, but I've yet to hear any of my NY print - published friends say that their ebooks sales are even making a real showing
on their royalty statements (they sure aren't on mine).
The fact that some authors show payment after revision
on their royalty statements and others don't just seems kind of squirrelly.
According to traditionally - published genre authors, BookScan reports at most 65 - 68 % of print sales shown
on their royalty statements.
Not exact matches
Tidal released a
statement on Monday in response to the lawsuit, saying it has paid all of the applicable
royalties to Yesh Music and Emanuele.
«For the remainder of 2014 we will focus
on our multi-layered growth strategy, which incorporates same - store sales growth, leverage from higher sales, deployment of free cash flow, increasing
royalty revenues and new drive - in development to build shareholder value,» Sonic CEO Cliff Hudson said in a
statement.
In their
statement, Spotify says they have «set aside the
royalties we owe until we are able to confirm their identities,» but Lowery's lawyer says they could also be
on the hook for copyright infringement penalties, which cost $ 150,000 per violation.
Deconstructed, summery knits are corseted and one - shoulder dresses are worn with a cool attitude and layered in unexpected ways like for instance,
on top of fancy British
royalty inspired lace dresses with
statement sleeves.
We'll send you a
royalty statement accompanied by a check
on a quarterly schedule.
A good agent reviews every line of every
royalty statement to determine that their clients are being paid
on time and completely.
Warning # 4: You haven't seen an overseas
royalty statement on any book, or a domestic
royalty statement on a book has suddenly stopped after # 2 or # 3.
As eBooks have exploded
on to the marketplace,
royalty statements have become more complicated, book sales statistics harder to track and, in some cases, people have begun to question as to whether or not Nielsen Bookscan can stay relevant in today's digital age.
No, the reason for me giving up
on EC was strictly business — drastically reduced sales, delinquent
royalty payments, and most of all, egregious errors in the company's favor made
on multiple ones of my
royalty statements since mid-2013.
For example,
on this particular (messed up)
royalty statement, e-books are listed as one item, without any identification.
Her post
on the 13th about
royalty statements is something every writer needs to read, digest, read again and then act
on.
My agent noticed that the
royalty statements from one of my publishers were basket accounted
on the
statement itself.
However, if your query comes in
on a week when five of my clients sent proposals or manuscripts for me to review and three publishers sent contracts for me to review and
royalty statements come in I'm not going to get to any queries for a couple of weeks.
And the authors who see the minor
royalties from electronic books
on their
statements coming through from their publisher or from silly places like Fictionwise say that electronic books aren't worth the fight.
We also help you market your book based
on the scores, even hundreds of marketing plans we review every year and based
on the nearly one thousand
royalty statements we review every year.
Royalty statements, on the other hand, show royalty payments made to you during a given
Royalty statements,
on the other hand, show
royalty payments made to you during a given
royalty payments made to you during a given month.
Fair contracts should stipulate exactly what information must be displayed in the
royalty statement: the number of copies sold and returned; the list price; the net price; the
royalty rate; the amount of
royalties accumulated; the amount of reserve for returns withheld; the gross amount received by the publisher pursuant to each license along with copies of
statements received by the publisher from its licensees during the accounting period; itemized deductions; the number of copies printed, bound, and given away; and the number of saleable copies
on hand.
Fast forward 10 years and bring
on the déjà vu when I opened my mailbox to find a
royalty statement from my long time, traditional publisher, Dorchester.
If you correlate these reports with the prior churn
on how
royalty statements are not passing the sniff test (my favorite was the authors with the same
royalty statements for eBooks as if they were copy and pasted) and the picture gets darker.
If you could post the
royalty statement and black out the title and author I would be able to comment
on it.
Royalties will be paid through the
royalty system and will appear
on an author's
royalty statement.
I find it very, very hard to believe that publishers
on our
statements can count from 80 % to 85 % of our
royalties as deep discount and not be selling deep discount to Amazon.
For all other
royalty statements and months, take any month that shows deep discounting at least half as much as the largest and add a number between.5 and 1.0 to that publisher cell, based
on its ratio to the largest number.
I was responding to this at the bottom of your post: «Publishers still insist
on sending
royalty statements once every six months.
Btw, the
royalty statements from another publisher that I worked with were always
on par with my ebook sales.
I now have a vision of all of us rolling around
on the floor, pausing to stick our tongues out at all those who tell us indies are bad and tossing our Amazon
royalty statements in their faces.
This means that the net
royalty received minus the author share is what is reported
on income
statements.
Publishers still insist
on sending
royalty statements once every six months.
Look over your
royalty statements and make sure payments are being made
on time.
Deals are commissioned by us with our standard commission, and we pay
on the remaining monies to the author, with fully - signed copies of their agreements, accounting and
royalty statements.
But the big fallacy with the commenter's
statement is that to receive
royalties on 10,000 copies of a title is that he first has to sell through and earn out his advance.
Ask yourself when you last got a
royalty statement not only
on time but with numbers that made sense based
on what you are seeing in the local bookstores and hearing from your fans.
Book sales and
royalty statements are generated
on a regular basis from the publisher, and (if you're lucky) are accompanied by a
royalty check.
Legacy publishers still pay digital
royalties at the same lockstep rate of 25 %, still pay their authors only twice a year, still insist
on life - of - copyright licenses, still issue
royalty statements as impenetrable as the Dead Sea Scrolls, still insist
on draconian rights lock - ups and anti-competition clauses.
b. Total
Royalties Accrued: Depending
on the retailers» payment schedule, Payment
statements will be shown here based
on the monthly summary report.
On other projects, I don't get
royalty statements that allow me to compare.