Royalty is the cost of writing. Royalty, as a commonly used calculation form of manuscript fee, refers not only to the royalties of published books, but also to the royalties of performances, recordings and reproductions. Generally, after the author publishes the work, the publishing society will settle the royalties for the author regularly.

What does royalty mean?

Among them, the edition tax rate is generally determined according to the theme of the book, the popularity of the creator and the market research. The edition tax rate of original content is generally between 3%- 10%, and that of deductive works is generally between 1%-7%. Royalty in China was introduced by western countries in the early 20th century and translated from the English word royalty. In China, royalties were first used to settle the remuneration in 190 1 year. At that time, Shanghai Wentong Shanghai Daily published a recruitment notice, solicited translations from the society, and promised to provide the author with a part of the page fee. Later, it was gradually called "imperial power" and the imperial power system was gradually established.