What are Royalties?

KnowledgeBase > Publishing FAQ > Creator Revenues and Earnings FAQ > What are Royalties?

When a creator buys a Lulu distribution service and their material is assigned a Lulu-owned ISBN, Lulu becomes the publisher of record and all earnings are regarded as royalties for that material, regardless of delivery format. The creator revenue generated by sales of material with a Lulu-owned ISBN meets the true and legal definition of a royalty. Royalties are reported to the IRS and are subject to withholding.

Last updated: 2008-07-23 16:21:08

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