The other day, I posted about Scott Lynch’s first book being on sale for 99 cents. I found out this morning that an author friend of mine is reading it and liking it (so far) and I was pretty happy. That is, until I realized something troubling: this Scott Lynch guy is making with the dough while I do all the work! That’s right: I struggled to get 33 followers on my blog, I did all the research (Bookblast subscription), I did a spell check on my post and even put a picture in it…and he laughs his way to the bank!
How I arrived at 2.23125 cents:
- 99 cent ebooks pay 35 cents royalty to the author
- 15% for his agent takes his royalty to 29.75 cents
- He has a big fancy publisher, and I don’t know much they charge. I figure 50%. That takes his royalty to 14.875
- Since I posted about his book on my blog, that basically/sorta/kinda makes me Scott Lynch’s agent, right? Ok, that means I get 15% too. 15% of 14.875 is 2.23125.
When I get my check for 2.23125 cents, I’ll be reinvesting it into the blog. For the readers. I’m not like stingy Scott Lynch…