Quote:
Originally Posted by Pardoz
If that's standard, Penguin's offering some of the best royalties in the industry - the numbers I've heard quoted are more like 10% for hardcover, 7-7.5% for trade paperback, and 5% for mass market, industry-wide (some authors get better or worse deals - sliding schemes for high hardcover sales, for example, where the rate goes up to 12% on sales over [x] copies).
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Your right, Penguin does offer some of the best royalties in the industry. The main reason I mentioned the size of her royalty was that Kali Yuga and I had differed on royalty figures in our examples. He had provided examples with author's getting 30% of the cover price, and I was trying to discreetly point out that his figures were a bit high.