Self-publishing | Collaboration

The Money Question: How do Self-Published Co-authors Split Royalties?

Draft2Digital now offers payment splitting

Image created by Jacquelyn Lynn using MockupShots

A question that I often hear when I’m speaking about self-publishing deals with how to handle royalties when two or more authors collaborate on projects.

Until now, my answer has been:

Choose one person (or entity) to receive the payments and distribute funds to the other author(s). Detail the process carefully in your written agreement. Include issues such as:

• When and how the person receiving the payments from the sales platforms shares statements with the other author(s)
• How much time after receiving the payment from the sales platform does the designated person have to pay the other author(s) and how will that payment be made
• How tax reporting will be handled
• What happens if one of the authors dies

I have been publishing on Draft2Digital for years and recommend this platform. It’s easy to use, the support is excellent, the company is innovative and regularly enhances their service, and they genuinely…