Is the editor’s royalty calculated on sales turnover or on profit?
Royalty will be based on sales even if the journal makes no profit. None of Intellect’s expenses are deducted from the net receipts. We pass on 10 per cent of all the money we get. We do not deduct any of our own costs from this. From the other 90 per cent we pay for copy-editing, typesetting, proofreading, printing and marketing, as well as the in-house design and project management. There is a widespread misconception that a publisher simply prints something. In fact the biggest cost for us is marketing, in order to bring the author’s work to as wide a readership as possible.
