{"id":3555,"date":"2021-03-04T15:32:33","date_gmt":"2021-03-04T15:32:33","guid":{"rendered":"https:\/\/microcosmpublishing.com\/blog\/?p=3555"},"modified":"2021-03-04T15:32:35","modified_gmt":"2021-03-04T15:32:35","slug":"what-is-a-fair-book-royalty","status":"publish","type":"post","link":"https:\/\/microcosmpublishing.com\/blog\/2021\/03\/what-is-a-fair-book-royalty\/","title":{"rendered":"What is a fair book royalty?"},"content":{"rendered":"\n<p>This week on the <a href=\"https:\/\/microcosm.pub\/podcast\">People&#8217;s Guide to Publishing podcast<\/a>, Joe and Elly answer a listener question: What is a fair royalty for a publisher to offer to authors for the rights to publish their books? There are a <em>lot<\/em> of different royalty agreements out there, each one more confusing than the last. Should you pay based on a percent of the cover price? Based on gross sales (ie, the amount the publisher actually gets paid per book sold)? Based on net sales after printing costs? Profit sharing? <\/p>\n\n\n\n<p>Find out how these various options work, the costs and benefits of each, and how certain so-called indie publishing platforms use large numbers to trick you into agreeing to unfair royalty agreements. <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/id1020819314\">Listen<\/a> or <a href=\"https:\/\/www.youtube.com\/watch?v=XNZtspVWkEk\">watch<\/a>! And don&#8217;t forget to subscribe to hear our newest episode every Thursday.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"What is a fair royalty for a book&#039;s author? (A People&#039;s Guide to Publishing)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/XNZtspVWkEk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>This week on the People&#8217;s Guide to Publishing podcast, Joe and Elly answer a listener question: What is a fair royalty for a publisher to offer to authors for the rights to publish their books? There are a lot of different royalty agreements out there, each one more confusing than the last. Should you pay&#8230;  <a class=\"excerpt-read-more\" href=\"https:\/\/microcosmpublishing.com\/blog\/2021\/03\/what-is-a-fair-book-royalty\/\" title=\"Read What is a fair book royalty?\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[12,26],"class_list":["post-3555","post","type-post","status-publish","format-standard","hentry","category-blogifesto","tag-business-of-publishing","tag-podcast"],"my_excerpt":"<!-- wp:paragraph -->\n<p>This week on the <a href=\"https:\/\/microcosm.pub\/podcast\">People's Guide to Publishing podcast<\/a>, Joe and Elly answer a listener question: What is a fair royalty for a publisher to offer to authors for the rights to publish their books? There are a <em>lot<\/em> of different royalty agreements out there, each one more confusing than the last. Should you pay based on a percent of the cover price? Based on gross sales (ie, the amount the publisher actually gets paid per book sold)? Based on net sales after printing costs? Profit sharing? <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Find out how these various options work, the costs and benefits of each, and how certain so-called indie publishing platforms use large numbers to trick you into agreeing to unfair royalty agreements. <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/id1020819314\">Listen<\/a> or <a href=\"https:\/\/www.youtube.com\/watch?v=XNZtspVWkEk\">watch<\/a>! And don't forget to subscribe to hear our newest episode every Thursday.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:embed {\"url\":\"https:\/\/www.youtube.com\/watch?v=XNZtspVWkEk\",\"type\":\"video\",\"providerNameSlug\":\"youtube\",\"responsive\":true,\"className\":\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"} -->\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/www.youtube.com\/watch?v=XNZtspVWkEk\n<\/div><\/figure>\n<!-- \/wp:embed -->","my_excerpt_rendered":"\n<p>This week on the <a href=\"https:\/\/microcosm.pub\/podcast\">People&#8217;s Guide to Publishing podcast<\/a>, Joe and Elly answer a listener question: What is a fair royalty for a publisher to offer to authors for the rights to publish their books? There are a <em>lot<\/em> of different royalty agreements out there, each one more confusing than the last. Should you pay based on a percent of the cover price? Based on gross sales (ie, the amount the publisher actually gets paid per book sold)? Based on net sales after printing costs? Profit sharing? <\/p>\n\n\n\n<p>Find out how these various options work, the costs and benefits of each, and how certain so-called indie publishing platforms use large numbers to trick you into agreeing to unfair royalty agreements. <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/id1020819314\">Listen<\/a> or <a href=\"https:\/\/www.youtube.com\/watch?v=XNZtspVWkEk\">watch<\/a>! And don&#8217;t forget to subscribe to hear our newest episode every Thursday.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"What is a fair royalty for a book&#039;s author? (A People&#039;s Guide to Publishing)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/XNZtspVWkEk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","_links":{"self":[{"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/posts\/3555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/comments?post=3555"}],"version-history":[{"count":1,"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/posts\/3555\/revisions"}],"predecessor-version":[{"id":3556,"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/posts\/3555\/revisions\/3556"}],"wp:attachment":[{"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/media?parent=3555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/categories?post=3555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microcosmpublishing.com\/blog\/wp-json\/wp\/v2\/tags?post=3555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}