"Royalty statements" refer to documents or reports that provide information about the earnings or royalties received by individuals or entities from the use of their intellectual property, such as books, songs, or patents. These statements show how much money has been earned, where it came from, and any deductions or expenses involved.
Full definition
However, two days ago I got a huge packet of
royalty statements from one of my publishers through my former agent's office.
Her former career in corporate accounting equipped her to handle the complexities
of royalty statements, taxes, and finance.
Her post on the 13th
about royalty statements is something every writer needs to read, digest, read again and then act on.
The publisher will
issue royalty statements (usually twice yearly) showing how many copies have sold, and if they owe you any royalties, a check will be included.
Then I looked at the
other royalty statements from them (I had a lot), did the math, and discovered that each ebook sold was a % of the print sales.
Those of you with contracts with major publishers, first have you
seen royalty statements at all through your agent and did those statements sort of just stop after # 2?
Plan for dry wit and knowledge bombs from an author who knows what five - and six -
figure royalty statements look like and how to replicate them.
The reporting of payments is then built to easily flow through to standard
publishing royalty statements and financial systems without any incremental effort required of publishers.
Whether or not it happens is another matter because I noted something else in this round
of royalty statements.
She knows how to
read royalty statements and, more importantly from the author's point of view, she knows that she has an alternative to traditional publishing.
You will also have access to the
detailed royalty statement and a dashboard from which you can track your sales, practically in real time.
Sam joined NLA in 2016 and works closely with Angie
on royalty statement auditing and with Lori for NLA Digital.
Royalty statements showing royalties of at least $ 250 must be presented within six months of publication or the beginning of the new year following contract date.
Now fiction agents are far too busy to chase money, or
check royalty statements for their clients to see if the math is correct, or even bother to send the money along to their clients.
Although this press has a token payment and royalty setup, I can report that I actually do
receive royalty statements as promised, which can be a rarity with the token - payment or royalty - only presses.
More than one talked about how they were getting
royalty statements saying they had sold a very small number of e-books — far less than what their fan mail and in - person conversations with readers led them to believe — and, very suspiciously, they sold the exact same number of copies of multiple titles.
I was responding to this at the bottom of your post: «Publishers still insist on
sending royalty statements once every six months.
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.
With Musa, I always know exactly where I stand — I can check sales and
royalty statements online whenever I want, and the team are only an email away!
Having said that, my latest
royalties statement also showed that I'm getting very little money from all those sales, so financially there seems to be very little difference between the two models.
Phrases with «royalty statements»