Monday, September 08, 2008

Royalty Statements

"Money is the root of all evil, and yet it is such a useful root that we cannot get on without it any more than we can without potatoes." ~Louisa May Alcott

So over the weekend I received my royalty statement for the month of August - and while I can't quit my day job yet, at least I'm out of the red. You might recall that last month's numbers were nothing to cheer about, and since Samhain gives its authors an advance, until you "sell out" your advance, you get nothing except a red number of how much you still owe them at the bottom.

Thankfully, this statement included some print sales of One Night in Boston, which bumped me into the black column (I'm still not sure exactly how that works, since I thought I only saw print sale numbers twice a year...I'm hoping Diane will drop by and enlighten me). The ebook numbers for One Night in Memphis still aren't terrific by any means, but I've come to terms with the fact that my readers are going to buy my books in print much more than they're going to buy the electronic versions.

Anyway, I can put gas in my car this week, thanks to this royalty statement. So onwards and upwards!


Liz said...

That's great! Congrats on earning back your advance!!

Liza said...

Congrats Allie!

Diane Craver said...

Hi Allie,
That's interesting about your royalty statement. I thought you only see print sale numbers twice a year and I only have ebook sales on my August statement. I'd ask Crissy.

Congrats on being in the black! It's a good feeling, I know.

Dru said...

Congrats on being out of the red. That's interesting that they pay you in advance. What happens if you don't "sell out" your advance?

I'm one of your fans who is eagerly awaiting the print version for One Night in Memphis.

windycindy said...

We all like to be in the black. I hope it continues for you! Cindi