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WHAT ARE THE VMI ROYALTY RATES PAID TO AUTHORS?

authors paid rates Royalty vmi
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WHAT ARE THE VMI ROYALTY RATES PAID TO AUTHORS?

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VMI pays author royalties on all books we sell through the retail trade. The current royalty rates are 12% for the first 10,000 copies sold; 15% for the second 10,000 copies sold; and 18% for all copies sold above 20,000. This will be spelled out in the author contract.

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