Author Dean Wesley Smith Lynn Viehl recently shared her royalty numbers for Twilight Falls, the sixth novel in her Darkyn series, which debuted at number 19 on the NYT Bestseller list.
Here is the first royalty statement for Twilight Fall, on which I’ve only blanked out Penguin Group’s address. Everything else is exactly as I’ve listed it. To give you a condensed version of what all those figures mean, for the sale period of July through November 30, 2008. my publisher reports sales of 64,925 books, for which my royalties were $40,484.00. I didn’t get credit for all those sales, as 21,140 book credits were held back as a reserve against possible future returns, for which they subtracted $13,512.69 (these are not lost sales; I’m simply not given credit for them until the publisher decides to release them, which takes anywhere from one to three years.)
My net earnings on this statement was $27,721.31, which was deducted from my advance. My actual earnings from this statement was $0.
Damn. That’s not a whole lot of cash for a bestselling novel. Kind of puts that dream of living as a full-time writer a little more out of reach… Oh well, we can always pin our hopes of selling lucrative foreign rights
EDIT: With apologies, the post above belongs to author Lynn Viehl. I followed a link to it and relied on the linker’s description, instead of perusing the site more thoroughly to double check who wrote that post.