Do libraries pay royalties for books?
Libraries don’t pay royalties. They buy the books on their shelves from the publisher (or through a 3rd party broker like the American Library Association). The publisher then pays the author whatever royalties they are due on the special category of “library sales.”
Who owns the rights to a book?
Usually, the author of the creative work is the owner of the copyright. But in the publishing industry, the owner of the copyright may be the publishing company due to an agreement between the author and the publisher. Some of the big names in book publishing are Random House, DoubleDay, and Penguin.
Can a library buy more than one copy of a book?
Multiple people can borrow a book from the library one-at-a-time and no additional royalty results. But for a popular new book, libraries buy more than one copy and more than one royalty unit is accounted. A library might buy 5 or 10 or more copies of a current book to circulate.
Why should I put my book in the library?
Finally, and most importantly—having your book in a library helps sell more books. When a book is borrowed from a library the borrower talks about it to friends, buys copies as gifts, maybe buys a copy to own after they return the library copy. A single copy of a book in a library might result in hundreds of sales of the book.
What happens when a book is borrowed from the library?
When a book is borrowed from a library the borrower talks about it to friends, buys copies as gifts, maybe buys a copy to own after they return the library copy. A single copy of a book in a library might result in hundreds of sales of the book.
Do libraries pay royalties for the copies they own?
Libraries only pay for the copies they own, like any other purchaser of physical books. Libraries do not pay royalties based on normal use. This is because of a feature of copyright law called the First Sale Doctrine. http://en.wikipedia.org/wiki/First-sale_doctrine