• October 31, 2014
October 31, 2014, 4:49:22 PM *
Welcome, Guest. Please login or register.

Login with your Chronicle username and password
News: Talk online about your experiences as an adjunct, visiting assistant professor, postdoc, or other contract faculty member.
 
Pages: [1]
  Print  
Author Topic: Royalty rates for introductory textbooks?  (Read 7286 times)
embitteredhistorian
Distinguished Senior Member
*****
Posts: 2,407


« on: November 05, 2010, 2:01:58 AM »

For anyone who has written an introductory textbook, what royalties were you offered? I've searched online, and I keep seeing the figure "15-20%". Has this been your experience and does this vary from field to field?
Logged

lawmnus
New member
*
Posts: 1


« Reply #1 on: December 23, 2010, 4:44:19 PM »

I'm writing my first textbook. In the publishing agreement I signed earlier this year with a major publisher, I will receive royalties of 12.5% for the first 1,000 books sold and 15% thereafter. I did some research and this seems reasonable.

Logged
the_honey_badger
Distinguished Senior Member
*****
Posts: 4,150

Not my post count---I ate the owner!


« Reply #2 on: December 23, 2010, 5:08:31 PM »

I'm writing my first textbook. In the publishing agreement I signed earlier this year with a major publisher, I will receive royalties of 12.5% for the first 1,000 books sold and 15% thereafter. I did some research and this seems reasonable.



A colleague who I just asked said the same figures as above---and he makes a *boatload* of money on that thing and I am sure it isn't even one of the top 5 assigned nationally.  A boatload of money.
Logged

_____________________________________
"Honey badger don't care."
secundem_artem
Stone cold humanist and finally a
Distinguished Senior Member
*****
Posts: 1,538


« Reply #3 on: December 23, 2010, 11:47:30 PM »

I've written a couple of textbooks.  The contracts were for a $3000 advance on royalties.  Then, 10% of sales until that $3000 gets earned back (i.e. no money to me until I've earned the advance back).  Once the $3000 is earned back, royalties are 13%.  Some years, I earn in the mid 3 figures!  In other words, disabuse yourself of getting rich.

Check your contract for the following:

1.  who pays for any artwork/illustrations.  Don't be surprised if it's YOU.
2.  if you will have chapters written by others (i.e. you are the book's editor as well as its author), who pays their honoraria (again, probably gonna be you)
3.  at what point does copyright revert back to you
4.  what are your rights for free/discounted copies
5.  what can you expect from your publisher to market the thing

Most of the time, these items do not operate in your favor.
Logged

In my opinion, Secundem_artem is precisely correct. 

I think secundem_artem, rather, has hit the nail on the head.
untenured
On far too many committees
Member-Moderator
Distinguished Senior Member
*****
Posts: 6,078


« Reply #4 on: December 24, 2010, 2:05:40 AM »

Yup, fifteen percent. That's the word in my little 'ol discipline.

That means the publishers get eighty-five percent.  The gut reaction is to call the publishers greedy people who don't create but get all the money.  Yet somehow I think the issue is far more complicated than that, and I would guess that publishers do much to earn their keep.
Logged

Quote from: kedves link=topic=56697.msg1152543#msg1152543
You are among the Pure and Truthful, however small their Number.
My goodness, that was an exceptionally good analysis of the forum.
secundem_artem
Stone cold humanist and finally a
Distinguished Senior Member
*****
Posts: 1,538


« Reply #5 on: December 24, 2010, 1:04:45 PM »

Yup, fifteen percent. That's the word in my little 'ol discipline.

That means the publishers get eighty-five percent.  The gut reaction is to call the publishers greedy people who don't create but get all the money.  Yet somehow I think the issue is far more complicated than that, and I would guess that publishers do much to earn their keep.

Actually, I think the only people making any real money in this enterprise are the printers.
Logged

In my opinion, Secundem_artem is precisely correct. 

I think secundem_artem, rather, has hit the nail on the head.
corvus_caurinus
Senior member
****
Posts: 452


« Reply #6 on: December 24, 2010, 7:05:10 PM »

For my first book in the natural sciences, written at the 300 level, I got a 200K advance on royalties and a 15% royalty rate.
« Last Edit: December 24, 2010, 7:07:09 PM by corvus_caurinus » Logged
untenured
On far too many committees
Member-Moderator
Distinguished Senior Member
*****
Posts: 6,078


« Reply #7 on: December 24, 2010, 11:53:36 PM »

Two hundred thousand dollars.  Man you must have some serious mojo.
Logged

Quote from: kedves link=topic=56697.msg1152543#msg1152543
You are among the Pure and Truthful, however small their Number.
My goodness, that was an exceptionally good analysis of the forum.
corvus_caurinus
Senior member
****
Posts: 452


« Reply #8 on: December 25, 2010, 5:02:54 PM »

Two hundred thousand dollars.  Man you must have some serious mojo.

Nah. Greg Mankiw reportedly got a 1.5 million advance on his intro econ text. That is serious!

 
Logged
untenured
On far too many committees
Member-Moderator
Distinguished Senior Member
*****
Posts: 6,078


« Reply #9 on: December 25, 2010, 6:30:36 PM »

Two hundred thousand dollars.  Man you must have some serious mojo.

Nah. Greg Mankiw reportedly got a 1.5 million advance on his intro econ text. That is serious!


Dude.  That breaks the space-time continuum.
Logged

Quote from: kedves link=topic=56697.msg1152543#msg1152543
You are among the Pure and Truthful, however small their Number.
My goodness, that was an exceptionally good analysis of the forum.
oldfullprof
Ridiculous
Distinguished Senior Member
*****
Posts: 11,359

Representation is not reproduction!


« Reply #10 on: December 25, 2010, 8:41:22 PM »

Some of the science texts, the publishers bribe incentivize departments to order them toute court by giving 40K grants.  My diss covered something similar in healthcare.
Logged

Taste o' the Sixties
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.9 | SMF © 2006-2008, Simple Machines LLC Valid XHTML 1.0! Valid CSS!
  • 1255 Twenty-Third St., N.W.
  • Washington, D.C. 20037
subscribe today

Get the insight you need for success in academe.