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Kristin.Authors
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, Kristin.Authors says this a lot... and get told we're merely ahrouts, we don't understand business, we don't know what we're talking about, we shouldn't worry our silly little heads over things beyond our ken, blah blah blah.And then self-published people come along saying, "Do it MY way! Self publish! I get ALL the profits of my book!" Cheerfully ignoring the fact that the advantage of dealing with a major house is their massive production, marketing, and distribution capabilities, so that I can -write- full-time, instead of spending 1/4 of my time producing my books and 3/4 of my time hawking them to readers. And I'd much rather have a reasonable percentage of 100,000 sales than all of 100 sales.But publishers so indeed need to be REASONABLE. And one of the key problems with net, in addition to the low percentages being offered to writers, is that calculating net is extremely complicated--meaning it's also extremely complicated for the writer to figure out if she's being paid what she's owed. If a publisher makes 12 different distirbutions deals for a title, the author needs to know how each one is being calculated, because her net will be different on each of those dozen sources; and each title on her semi-annual or quarterly royalty statement SHOULD (but probably won't) account for the dozen different inflow terms on which her sum total for that period is being based.When a publisher attempted to negotiate a net royalty into a contract with me last year, they COULDN'T ANSWER all my lawyers questions about the income sources and the different percentage deals on which my royalty income would be based. Negotiations ground to a standstill as my lawyer kept saying, "If you want Laura to agree to net, she needs to know WHAT she's agreeing to." In the end, they reverted to offering me the traditional royalty basis, a percentage of cover price. On that basis, ALL I need to know to monitor my royalties is how many copies of a title are sold (which, as anyone who's ever read a royalty statement knows, is hard enough, since they leave out so much information!).
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(VISITOR) AUTHOR'S NAME
Abelardo
MESSAGE TIMESTAMP
16 december 2014, 17:20:44
AUTHOR'S IP LOGGED
186.92.49.21
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