logo selfpublishingguru.com

 topic : Payment questions around joint publishing ebook over Kindle I have a question specifically about ebook self publishing payments. I am writing a book jointly, 50-50 with a partner. I read somewhere

Mendez196 @Mendez196

Posted in: #Amazon #Collaboration #Ebook #Kindle #SelfPublishing

I have a question specifically about ebook self publishing payments.

I am writing a book jointly, 50-50 with a partner. I read somewhere that Amazon Kindle pays per store front. However, there will be two of use who will own the store, and so is there any way to divide the royalties (should there ever be any) between 2 bank accounts?

And yes, obviously we could get a joint bank account but I doubt this will be worth it for the £5 a month we may earn if we are lucky! So I'm really looking for a way to split any payments.

10.01% popularity Vote Up Vote Down

0 Reactions   React


Replies (1) Report

1 Comments

Sorted by latest first Latest Oldest Best

@Bryan361

Bryan361 @Bryan361

If the amounts are small, and the relations between you are friendly, I'd think the simple solution would just be to have the amounts deposited in one bank account or the other, and then periodically -- monthly, once a year, whatever -- count up how much was deposited and the person who owns that account transfers half of it to the other. Amazon gives you detailed reports on how much they paid and for what books, so it wouldn't be hard to figure it out.

If the amounts get to be non-trivial -- whatever you consider non-trivial, hundreds of pounds maybe? -- you might want to have an agreement written up by a lawyer to keep everybody honest. Personally I wouldn't go paying hundreds to a lawyer to write the contract until our sales had hit hundreds of dollars. :-)

I'm in a vaguely similar situation myself. My step-father is writing a book and, knowing I had published several, asked me to help him with the mechanics. I've put his book on my Amazon account, and I figured I would just forward any money to him as it came in.

Afterthought Months Later

You might think, Hey, why doesn't Amazon just provide a feature to split the money between accounts? As far as I know they don't. But I'm a software developer myself and I once worked on a computer system for paying royalties in a different context, and it was amazing how fast it got very complicated. First off we had to consider unequal splits, like maybe there are three people and it's divided 50/25/25. Then what if someone dies and leaves the rights to his heirs? Now you have to divide one of those shares by whatever proportion among the heirs, so maybe its 50/25/12.5/12.5. Are the proportions constant or are their tiers, like if one person put cash up front for expenses, you might say the first 00 all go to him and only royalties above 00 are split. If there are multiple books on the account, different books might have different splits. The software I worked on got very complicated. Amazon might well have decided they just don't want to get into it. If you want to split the royalties, you deal with it.

10% popularity Vote Up Vote Down

0 Reactions   React


Replies (0) Report

SelfPubGuruLearn self publishing
Back to top | Use Dark Theme