Heneleen Stewart, As the process should work, all income from book sales goes to the publisher, which takes its cut and
sends the author their royalty share.
Literary agents
send authors their royalty checks during the year with the agency percentage fees already deducted off the top of their income, and the year - end a 1099 - MISC form an author gets from his or her agency would reflect that.
Not exact matches
I'm willing to
send Howey and his team my
royalty statements for months in order to help them come up with that estimate, and my guess is he could find many multiple
authors who would be equally willing.
Recognizing that this could cause consternation when the
royalty reports came out and the numbers didn't match, Amazon
sent out an email explaining that for July, at least, all downloads through the KU program would result in payouts to their
authors.
I'm guessing that this is going to make not one iota of difference in the way Samhain pays the
authors that it promotes to Samhain Gold; Samhain then gets to
send editors to conference (comped)(provided that they take pitches only for the Samhain Gold line), and we have a very simple test for allowing e-publishers: If you believe you can guarantee decent
royalties for a good number of
authors (although not for all of them), you're in.
In a letter
sent to
authors enrolled in the KDP Select e-book publishing program, Amazon said, «Beginning July 1, 2015, we'll switch from paying Kindle Unlimited (KU) and Kindle Owners» Lending Library (KOLL)
royalties based on qualified borrows, to paying based on the number of pages read.»
Alternatively, the publisher can simply
send a payment to an
author through PayPal with PubSoft or record the
sending of a physical check to adjust the
royalty balance to the correct amount.
Unless somewhere in the contract the
author agrees to this unknown amount of copies of their book being given away, I don't know how Amazon can just
send them out without
royalty payment to the
author.
Under this strategy, Amazon decides that it will demand no more discount than offered to any other vendor, for any purpose *; it will do everything in its power to meet
author and indendent publisher demands; and it will
send a bouquet and basket of puppies to midlist
authors who place their out - of - print books on Kindle, in addition to the
royalties due (and a holiday bonus).
So earlier this week Smashwords
sent out a big update to its
authors, sharing the fantastic news that, effective immediately,
authors would be receiving a 60 %
royalty rate on all titles sold via Sony, Kobo, and Barnes and Noble.
I have called iUniverse, which is the same company as
Author House since April, and asked them repeatedly to
send my
royalties but they refuse to even answer my mail.
If created in my Own iTunes Publishing Account, I, as publisher would then
send monthly
royalties to
Authors.
For
authors who have literary agents representing them, the checks go through the agents, who
send their checks to the
author —
royalties minus the agent's percentage.
We keep it convenient & eco-friendly by
sending your
royalty payments directly to your PayPal account (direct deposit is also available to US - based
authors with 10 or more titles).
Traditional publishers
sent royalty checks to agents who would deduct their 15 % before
sending the adjusted payment onto their
authors.
As the The Guardian reported, in an email Amazon
sent to its
authors Wednesday, the company revealed exactly how little that per - page
royalty might end up being:
Every month Amazon
send out the
royalty money, and I'll bet a good percentage of it comes right back as the
authors spend it gifting books for promotion and buying stuff from Amazon they'd never have considered if they weren't on the site all the time.
A previous article in Publishers Weekly featured Marks discussing problems with
royalty payments not being
sent to the
authors.
If an
author's book sales earn $ 10.00 or more in
royalties within a fiscal year, we will
send author a 1099 statement.