Show me the money!
In other words, how does this all break down into dollars and cents?
In the interest of true transparency, to prove this isn’t just a bunch of touchy-feely repackaging of the same old stuff, we are willing to show you a sample of how our financials break down on a per book basis. We really aren’t kidding, we want to be open about all of this! Official Looking Note: this is for illustrative purposes only. This is our “standard” agreement; the percentages can and do change for each project depending on many factors. Examples of such instances include:
- The book has already been professionally edited (and meets Booktrope standards). For example, we sometimes publish reprints.
- Team members might agree on a different percentage. We call the percents below the “default shares.” It’s how revenue is divided for a typical team, but the team can alter the percentages. The editor’s role in particular can vary greatly. Sometimes a thorough developmental edit is required, involving restructuring or rewriting a book. Other books may require only a light copy edit. Editor’s shares do vary depending on what level of skill and effort is expected.
- A participant not represented below is brought into the team, such as an illustrator.
- A unique situation that we haven’t envisioned yet!
In each of the above cases, the agreement would vary from that shown below and therefore the percentages and monetary distribution would change.