Now much did you get for "When Thunder Rolled"? Had to be what 2-3 million

Smithsonian Institution Press regards itself as a university press.
You do it for the honor of the thing.

Say Jessie's book sells for $24.95, and so does Ed's, and say that
they both get 10 percent royalties on the first 5,000 copies. (Jessie
may in fact do better than that.) Sounds like even money, huh? If only
it were so!

Knopf does the math this way: 10 percent of $24.95 is $2.495 per book.

SIP as a higher-math university press figures: okay, we had to give up
50 percent to the distributor, so we got $12.475 per book times 10
percent to the author is $1.2475 per book, or half as much.

I majored in guvmint, so it took me years to figure that out.

all the best -- Dan Ford
email: www.danford.net/letters.htm#9

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