From what I have heard about traditional publishers, the royalties to the author are on the order of 5%, 10% of list price, which is not very interesting.
From what I have heard about traditional publishers, the royalties to the author are on the order of 5%, 10% of list price, which is not very interesting.
I don't think that making lots of money is a very good reason to write a book - or if that is your reason, you're likely to be disappointed.
A better reason is that it's great resume material: it can be a springboard to getting recognition and open doors that you probably wouldn't enjoy otherwise.
[1] http://www.amazon.com/Inside-Isapi-Chris-Wuestefeld/dp/15620...
Just because publishers have historically paid 10% royalties does not mean it has to be that way in the future.
So, questions of copyright should be a debate about what is fair based on a range of arrangements. Personally, I'm in favour of 14 year copyright, not the "author's death + 70 years" madness that exists now...
- 12% from standard sales in the US and Canada,
- 5% from standard sales elsewhere,
- 5% from sales of the work at discounts of 56% or more,
- 10% from sales in electronic form,
- 15% from sales to book clubs, etc.