Royalties HQ allows you to manage and track income for your publisher rights holder.
Royalties HQ automatically allocates the remaining percentage of royalties to your publisher rights holder (the rights holder that represents your publishing company) after distributing the designated royalty percentages to regular rights holders (e.g. authors).
Here’s how to set this up:
Designate a Publisher Rights Holder #
- Firstly, make sure you’ve created a rights holder to represent your publishing company. Click here for details on how to create a new rights holder.
- Go to the Settings page.
- Find the field labelled Publisher Rights Holder.
- Search for and select the rights holder that represents your publishing company. You can only select one rights holder as the publisher.
- Save.
How publisher rights holder royalties are calculated #
Once you’ve selected your publisher rights holder, it will be used in royalty runs.
During a Royalty Run, the allocation of royalty income (net receipts) to the publisher rights holder works as follows, depending on the royalty model of each title format (ISBN):
Royalty Models and Automatic Allocation of Publisher Income #
- Net Receipts Model: When the title format’s royalty model is ‘net receipts’, the remaining net receipts from each sales line – after allocation to the regular rights holders – is allocated to the publisher rights holder.
- Retail List Price Model: When the title format’s royalty model is ‘retail list price’, the % amount of the list price allocated to regular rights holders is deducted from the net receipts for each sales line – the balance is allocated to the publisher rights holder.
- List Price Minus Discount Model: When the title format’s royalty model is ‘list price minus discount’, the % amount of the list price (minus the discount) allocated to regular rights holders is deducted from the net receipts for each sales line – the balance is allocated to the publisher rights holder.
Tracking Publisher Income #
- The publisher income for the royalty run is displayed in the royalty run details page in a card titled Publisher Income.
- The royalty allocations to your publisher rights holder are listed in each royalty run’s ‘Royalty Lines’ tab, along with all other royalty lines. You can use the filters on the royalty lines list to see the amount of royalty you generated per sales line and per title format.
- A PDF royalty statement is generated for the Publisher Rights Holder in each royalty run. The Publisher Rights Holder Statement is explained in more detail here.