Author royalties

Author royalties are payments that writers receive for their work, typically calculated as a percentage of sales. When a book is sold, the author earns a percentage of the revenue, which varies based on contracts with publishers. For example, if a book sells for $20 and the royalty rate is 10%, the author receives $2 for each copy sold. Royalties can also apply to other formats, like e-books or audiobooks, and are usually paid periodically. This system compensates authors for their creative efforts and encourages them to produce more content.