Ocean warming doubles in recent decades. Lawrence Livermore, NOAA and partner scientists quantify heat accumulating in global ocean. Editor's note: The following web story was provided by Lawrence Livermore National Laboratory. The original story can be found by clicking here on the Lawrence Livermore website.
Libraries: Public and school libraries that purchase books directly from the publisher or wholesaler (e.g., Baker & Taylor). Authors make: Royalties on cover price of LIBRARY's purchase. Authors do NOT make royalties when the book is checked out. Sales: Varies from library to library based on library budgets. Benefit to author: Readers might discover an author in the library and then buy that author's books new. If books are popular, libraries will buy more copies of the author's next book.
Very soon it may be out of date, but this is the way it has been for decades. Most publishers pay the royalty based on the cover price (or retail price) of the book. CBA publishers usually pay royalties based on the NET price of the book, that is, the price at which the publisher sold the book to the bookstore. Royalty rate: 10% of retail = $2.50. You make $2.50 on every book sold.