When I've talked with other writers who are published, it seems that they don't mind having such a low percentage of royalties. Almost always, it's ten percent. But when you think about it, a ten percent royalty is laughable.
But that's what most of the publishers give their authors. One of the reasons I signed with Virtual Tales is they gave a whopping 50% royalty to their authors. Maybe that's why they went out of business. But two of the original owners have started up their own publishing companies, and they are offering whopping percentages, too.
Makes me think. Cogito, (which is the company that currently holds my contract,) is of the ten percent variety. But I signed with them because they were well established and successful. And they get their books into book stores. That's how the people at Absolute Write Water Cooler respond when asked about a publisher. They ask, "Are their books in bookstores?"
Well, one of the first things I did was I went to Barnes and Nobles, and sure enough, I found a half dozen of their books on the shelves. That was a major factor for signing with them. But royalties and bookstores are not the whole of it. There are other factors that make a good publisher, too. Let's see how that works out.
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