Information for MZB's Authors
12 April 2010
|Status of SWORD & SORCERESS|
The reading period for SWORD & SORCERESS 25 starts on Saturday, April 17 and ends on Friday, May 14, 2010. Click here for guidelines.
SWORD & SORCERESS 22 through 24 were published in November 2007, 2008, and 2009. If you want the series to continue, keep buying the books. As they are published on November 15 of each years, they are entirely suitable as as gift for Christmas, Hanukkah, Kwanzaa, Twelfth Night, Winter Solstice, Yule, etc...
|What Happened to my Royalties?|
When a book contract is signed, an amount of "advance" is specified. The advance is paid in installments (usually at signing, delivery, and publication). This is an advance against royalty earnings, and the book must earn back the amount of the advance through sales until the amount of the advance has been earned. At that point, all further sales generate royalties that are forwarded to the author.
This means that there is one payment up front for a sale to an anthology, then there are no more payments until the advance is earned out. If the book sells overseas, there will be an advance on that sale, and hopefully later royalties for it.
We pay royalties to MZB's authors twice a year, just after we get her royalty checks from DAW Books, which is the US publisher of most of the anthologies. We send statements only to people who are getting a check, so, especially if you recently sold us a story, you may not hear from us for a year or two. (For example, we pay the advance portion for stories in 2000, the book is published in 2003, and the royalties won't start until 2005.) This is why it is so important for the authors to tell us when they move.
For the years 2001 and 2002, the earlier anthologies have been paying royalties on the advance from a German publishing contract, which paid out in monthly installments for two years. The advance has now been paid and there won't be royalties again until the German sales earn back the advance on each title.
Most of the anthologies are out of print in the US, so we get very little in the way of domestic royalites. So if you are suddenly getting little or no money from us, this is why.
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