Frequently Asked Question
Royalty payments are made annually at the end of March. Any payment that is due will be made by bank transfer directly into your bank account. If you are unsure what royalties you are due, the percentage royalty rate is given in your Memorandum of agreement or your Letter of agreement.
Each royalty recipient for a title receives from the publisher a statement of sales royalties, which usually consist of a percentage of the net proceeds. The net proceeds are defined as the list price or the user fee for online use minus any statutory tax included in this price and minus any discounts granted. Every revenue stream from all sales channels are included, e.g. eBook packages, consortium sales, and aggregators. Royalties are not generated for inspection copies, depository copies, and free copies.