Full results of TAA’s 2020 Textbook Contracts & Royalties Survey now available

In a recent survey conducted by the Textbook & Academic Authors Association (TAA), 27% of respondents reported that their 2019 royalties were 25% or more lower than in recent years. Only 8% reported that their royalties were 25% or more higher than in recent years.

One survey respondent, who writes in the Business discipline for Cengage and has been authoring textbooks since 1985, said: “Cengage Unlimited has had a significant impact on our royalties. We were told that CU would capture more sales (at a lower price point). It has not happened; we are selling (marginally) fewer units, but at a much lower price point.” The highest royalty rate this respondent had negotiated for both their print and digital textbooks was 20% and the lowest was 15%. They also reported their 2019 royalties were between 10% and 25% lower than recent years.

Access TAA’s 250+ on demand presentations free during COVID-19 pandemic

TAA is committed to its mission of supporting “textbook and academic authors in the creation of top-quality educational and scholarly works that stimulate the love of learning and foster the pursuit of knowledge.” To this end, we want to ensure that all textbook and academic authors have the opportunity to maintain a healthy writing practice every day.

In support of continued growth and development for textbook and academic authors, TAA has opened up the entire library of 250+ on demand presentations for the duration of the COVID-19 pandemic crisis.

An important and positive change to TAA’s not-for-profit classification

How much do you know—or care to know—about the wide variety of not-for-profit organizations that are recognized by the US government in the IRS tax code? Perhaps not much, and that’s fine, of course. I hope you know and see it as appropriate that TAA is a non-profit. Indeed we are, but recently have undergone a classification change. I hope you’ll indulge me in this brief column while I explain the importance of that change.

In December 2019, the IRS officially agreed to reclassify TAA from a 501(c)6 organization to a 501(c)3. The odd alpha-numeric classification system is of no interest, but you might like to know that our former classification is more often applied to entities that are akin to labor unions. That’s not crazy, because TAA does advocate for the interests and needs of authors, as a labor union might. But we’re not quite analogous to a labor union. For example, when TAA advocates a position, we take into consideration, and intend to benefit, the entire community of authors – even those who aren’t currently TAA members.