Posted on

Not for the faint of heart: The art of truly understanding your royalty statement

×
A royalty statement should be simple to understand, right? “Show me my sales and my royalty rate, perform a simple mathematical calculation, and — boom! There’s my royalty check!” But how often have you looked at your publisher’s royalty statement and muttered, “I have no idea where these numbers are coming from,” and spent hours trying to understand the calculations? Or perhaps you’ve become so frustrated that you simply gave up, took the royalty check out of the envelope, cashed it, and threw the rest of the statement in the recycling bin, reassuring yourself that the amount must be correct if it’s this complicated.

Thank you for visiting the TAA blog, Abstract.

Article content is reserved to active members of the Textbook & Academic Authors Association.

If you are a TAA member, please login using your TAA account information by clicking the button below to continue reading. Not yet a TAA member? See what we have to offer and Join Today!