Do book editors get royalties off your book?
Professional freelance editors work for a flat fee.
We are not publishers, and it’s not within our remit to gamble on the success of a book in the market, which is what we’d be doing if we accepted royalties in lieu of a fee.
Also, the arrangement would be ungovernable, since there is no guarantee that an author does go to publish a book within a specific time-frame after they’ve received their edited manuscript back.
Yes, I get royalties on about a dozen of the books I have edited.
But the royalty has to be on top of my full usual fee — it’s an additional incentive, not a substitute.
And I should have pushed for a royalty on a couple of books where I probably could have had it if I’d asked — both went on to be best-sellers.
I’m even listed as a co-author on one of them, but I don’t have a slice of the copyright or a royalty.
Rather than getting a royalty, it’s sometimes as good to get listed as a co-author, even if it is for only a few pages of the book.
(I don’t care if my name is on the cover, and prefer for it not to be.
) Why is this advantageous? It can sometimes let me claim such things as public lending rights payments for library use of the book.
None that I know do.
They get a salary.
(And now and then a bonus for a job really well done.
) Actually you, the author, get royalties (a percent of the sales) and the publisher gets the rest—at least in the traditional publishing approach.
That money goes to the costs of publishing , keeping the lights on, paying the editors, copy editors, book designer, etc.
The amount an author gets varies widely from publisher to publisher, and from author to author.
No, pro editors work on an upfront fee, not getting a share of royalties.
A co-author would get a percentage of royalties, and a publisher.
Other than that, just the author.