Saturday, February 27, 2016
Royalties from Library Book Borrowing
Royalties from Library Book Borrowing: I still can’t measure the depth of my agog that in the UK and Canada, authors are paid royalties each time their book is borrowed. In the UK, it’s called the Public Lending Right, and authors receive 5.9 pence per borrow, or, about .08 cents US. The maximum an author can earn is £6600, or just under $10,000.00 US. The program is designed to “compensate… authors for the potential loss of sales from their works … Continue reading Royalties from Library Book Borrowing →
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