Well, here’s one reason we mull over now and then:
So: should we cut the author’s royalty in half the way our contract says we can? (The way other publishers do for books we’ve sold them.)
On a paperback the author royalty would be 4-5%. ($0.64 – $0.80 on a $16 paperback.)
On a hardcover the author’s royalty would be 5-7.5%. ($1.20 – $1.80 on a $24 book.)
Sucks, doesn’t it?I don’t think we should do it but 33.375% doesn’t give us a hell of a lot of money to pay everyone else with. Ho hum, on with the show.
And, in the meantime: not so random Powell’s link!