The Writer's Legal Guide by Tad Crawford

Author:Tad Crawford
Language: eng
Format: epub
Publisher: Allworth
Published: 2012-12-31T16:00:00+00:00

ROYALTIES—TEXT AND ACADEMIC BOOKS

Royalties for professional, scientific, and technical books are customarily based on net receipts instead of list price. The discount to distributors and retailers for textbooks is in the range of 25 percent to 33-1/3 percent, so the effect of a net-based royalty is not as significant as for trade books. A typical royalty rate should approximate 15 percent based on net. A substantial part of sales are likely to be library and/or export sales, so try to increase the rates in these categories. For college textbooks, the royalties are also based on net price, and the standard discount to bookstores is 20 percent (although some publishers offer as much as 33 percent). For a hardcover textbook, try for 15 percent of net receipts on sales up to a specified number of copies (between 7,500 and 15,000), and 18 percent thereafter. An original paperback textbook will earn royalties in the range of 10 percent to 15 percent of the net price.

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