Archives for January 2010

Digital Book World 2009

Edwin Fager from Easy Royalties will be at the Digital Book World 2009 Conference in New York City, January 26-27th. To schedule a meeting at this conference please email info@easyroyaltiesusa.com

Customizable Royalty Statements

Easy Royalties software allows the user to customize the look of their royalty statements. You can show summary information or detailed sales information. You have a choice of how each section of the statement is titled.

You can select this options after selecting print royalty statements. The options you have are shown on three tabs; main statement, summaries and headers & footers.

This makes it easy to customize the statement for different types of products; books, dvds, software, music, etc.

Example; a book publisher’s statements might label editions “editions”, an art museum can all it “artworks” and a music publisher might use the term “songs.”

Royalty Statements Options 1

royalty statement option 2

eBook First Royalty Rates

Royalty rates for book publishers are changing. Recently we had the opportunity to hear two romance book publishers discuss their royalty policies.

Both publishers are paying royalties of 30% of list on direct eBook sales and 15% of list on indirect royalty rates. That means that if a customer purchases the eBook from Amazon the author recieves 15% of list, and if the order comes from the publishers own web-site the royalty is 30%.

Futhermore these publishers pay royalties monthly; as their are no returns on eBooks. The authors really appreciate this, as both publishers do not pay advances.

These publishers also offer time limited contracts, i.e. the contract is for a set period – say 5 or 7 years. After this period the author has the right to take his book elsewhere. One publisher has a clause that allows this at the end of the period if sales are less than a specified number of copies a year.

 The other publisher does not place a limit on this, feeling that if an author is not happy he should have the right to change publishers.

Royalty Data Protection

Protecting the data in your royalty software is of critical importance. We tell you how to protect your data and the computer that the data is saved on. [Read more…]