Hello Authors
I would like to ask this question.
I am a first time comedy author from London, UK. I have been given a contract to sign by a UK publisher. I would like to know if the percentage for royalties offered is FAIR.
*20 percentage for paperback
*20percentage for hardback
*20 percentage for export paperback
*20 percentage for export hardback
*40 percentage for e-books.
All above are of net sales price.
*50 percentage for film rights and
*50 percentage for Television/Reading Rights
*forty and fifty percentages for other royalties in a list such as Documentary, Dramatisation, etc.
*I have also been asked to pay 3300 UK pounds (for hardback, paperback and ebook) as it is a non contributory contract, since I am a new author.
(Previously, I had made a mistake and stated 6750 UK Pounds.)
I would appreciate it very much if the experienced ones can help with quality info. If the contract is not fair, then what will be the next sensible solution?
I look forward to hearing from you.
Many Thanks, Sarah. UK.