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Originally Posted by eGeezer
Okay. I didn't have the terms right, but sort of understood that part -- especially the used book zero income part. But thanks again for more clarity.
One thing I was (and am still) specifically not clear on is the amount the author receives. No, I am not asking how much your friend makes on a book. But I would like to understand whether the royalty fluctuates with the retailer's selling price.
In other words, if the hb is marketed for $29.95, does the author get the same royalty amount if it is sold for $29.95 as she does if it is sold for $12.45?
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The authors agreement is with the publisher. It is independent of the retail price. (at least as far as I've ever seen).