Friday, July 6, 2012

Royalties

Read this today: Hardcover book: Standard is 10% of the retail price on the first 5,000 copies sold; 12 1/2% on the next 5,000 sold, and 15% after that.
Mass market paperback book: 4 to 8% of the retail price on the first 150,000 copies sold. Trade paperback book: No less than 6% of the list price on the first 20,000 copies; 7 1/2% after that.
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