Literature Royalties

Literature royalties are payments made to authors or rights holders when their written works—such as books, articles, or scripts—are used or reproduced. These royalties are usually a percentage of income generated from sales, licensing, or adaptations. For example, if a publisher sells copies of a book, the author earns royalties from those sales. Royalties compensate authors for their intellectual property and incentivize continued creation. The specific terms, including royalty rates and payment schedules, are typically outlined in an agreement between the author and the publisher or licensee.