Tzara
Continental
- Joined
- Aug 2, 2005
- Posts
- 7,666
Well, he probably made pretty good money on that book, assuming those sales figures are correct.It probably paid for that trip to Japan he took.
Let's make some basic assumptions: Like of the 160,000 total copies, 20,000 were hardcover copies at a list price of $25 and the remaining 140,000 copies were trade paperback copies at a list price of $15. Given fairly standard royalty rates (and discounting any advance, which he surely made more money than), he might have made as much as $50,000 on the hardcover books (10% of the list price on $500,000 list sales) and $126,000 on the paperback sales (6% of the list price on total list sales of $2.1 million). So, perhaps a total of $176,000 for that one book.
Hum.
Those numbers are calculated on some basic royalty information I got here.
That's a lot of money. Not to Stephen King, of course, but to a poet it's like hitting a Royal Flush in a high stakes Poker game at Bellagio.
So, hell yes, let him take a trip to Japan and, while he's at it, stay in an effin' great hotel.