Publishers love acronyms. They take up less space in their software programs and they are convenient to use in daily conversations. Royalty statements are not easy to interpret. When publishers use abbreviations, it can add to the already confusing task of understanding your statements. To help authors better understand and navigate their statements, here we outline some of the most common abbreviations and terminology.
“ISBN” – International Standard Book Number. You use this every day, but you may not have known for what it stands. These numbers are purchased from the Library of Congress. Any product sold by someone other than directly from the publisher must have an ISBN. [Read more…]