Anonymous asked: How does payment for fiction work?
If $5 in royalties have accrued in a quarter then Loyal Stone Press sends a check to their artists and writers. If $5 has not accrued then the royalties roll over to the next quarter and a check is issued once a minimum of $5 has been reached.
We pay 10% royalties based upon the list price of our books both print and digital. For the journal that 10% is split among the contributors based upon the number of works included. Cover artists receive 5% royalties on the list price of the print and digital books. The next quarter ends September 30th, and will be the first time we have issued checks. I am still waiting on sales figures from our California distributor for the first half of the fiscal year. Thank you for your interest in Loyal Stone Press and Prospective.