Dictionary of Publishing Terms
Advance: Funds paid to author before
publication. Different houses pay it in different increments,
i.e., one-half upon acceptance, one-half upon delivery of final
manuscript. Royalties earned must first cover this advance, then
any excess royalties are paid to author, usually semi-annually.
ARC: Acronym for advance reading copy.
Generally published in galley form, with or without actual cover
art, sent to reviewers and booksellers well in advance of
publication.
Category romance: Romance novel
published as part of a series or line.
Copy editing: Correcting errors in
punctuation, grammar, and style.
Cover art: Artwork on all outside
surfaces of book: front, back, and spine.
Distributors: Entity which warehouses
books and sends them to accounts. May be direct source for small
accounts and/or outlets to resupply large accounts who may have
ordered initial supply directly from publisher. Example: Ingrams,
Baker & Taylor.
Dump: Cardboard display to carry
author's book, generally located at the end of an aisle. Gives
book greater visibility, likely leading to increased sales.
Earn-out: Actual dollar amount
required to cover the advance paid to author. To calculate,
multiply cover price of book by number of books sold, then times
the royalty rate. After the advance is covered, the author earns
the additional royalties, usually paid twice a year.
Galley: Mock-up of a book to show how
it will look when printed. Not the final format; changes may still
be made. Different houses produce different galley formats, some
loose, some bound and with a reproduction of the actual cover.
Generally contains production information.
Genre: Type of novel, i.e., romance,
horror, sci-fi, etc.
ISBN: International Standard Book
Number, unique to each book, appears on copyright page.
Joint accounting: With multi-book
contracts, author may receive advance on all the books and is thus
required to earn back the advance before any royalties are paid on
the first book, even if first book earned out.
Lead time: Time lapse between purchase
of manuscript and release date or printed book.
Line editing: Editorial
troubleshooting; looking at the big picture of the manuscript.
Line editor will look at such concerns as whether characters sound
like real people, if tone is consistent, are there plot holes, are
explanations sufficient? When in doubt, editor will query author
on missing or inaccurate information, awkward phrasing, etc.
List: Publisher's roster of books to
be released at one given time, say monthly, fall list, etc. Books
on list have differing positions, lead title, etc., and get
differing quality of covers, levels of promotion, etc.
Mainstream: Not strictly a romance;
definition differs from house to house but generally more complex
story, subplots, etc., not necessarily a happy ending.
P&L: Profit and Loss statement.
Particularly with single-title books, one must be produced by
editor for each anticipated purchase, detailing cost of production
(including author advance) and expected profit. Critical part of
purchasing decision and toughest to figure on new authors.
Partial: Synopsis and first three
chapters. New authors must, as a rule, submit entire manuscript
before editor will make purchasing decision. Established authors
will prepare differing types of proposals, though this is the most
common.
Print run: Number of copies printed of
each book. Number shipped may be different, depending upon the
house policy about warehousing.
Pub date: Publication date, month and
year book is published. Different from release date, generally a
few weeks earlier.
Release date: Date (approximate) when
book is on shelves; generally a few weeks before publication date.
Reserves: Since most publishers allow
books to be returned by booksellers (though that's changing, but
slowly), the house will reserve a certain percentage of royalties
based on anticipated returns. At some point, author is to be paid
based upon final sales figures, but that may be quite some time in
coming, differing from house to house.
Returns: Books returned to the
publisher. Author is paid not on books shipped but books sold and
not returned.
Revisions: Changes to the manuscript
performed at editor's request. Sometimes advance payments are
predicated upon receipt of revised manuscript.
Sales rep: Sales team member working
for publisher, generating orders from within territory. Frequently
calls on bookstores in person.
Scraps: Books never shipped from
warehouse; often sold to discounters. Not counted against author
royalties as stripped books are.
Sell-In: Period when sales reps
solicit orders for your book. Approximately 5-6 months before
publication date.
Sell-through: Figure calculated as a
percentage of books shipped which are actually sold. Critical in
obtaining future contracts; also critical in ordering decisions by
distributors and booksellers.
Series (or line): Novels grouped by
type, word count, cover art, etc., under umbrella of one company.
Examples are Silhouette Romance, Desire, Intimate Moments, Special
Edition, Love Inspired; Harlequin Presents, Temptation, Intrigue,
American, Love and Laughter, etc.
Single-title: Not part of a line or
series. A book which stands alone.
Slush pile: Unsolicited manuscripts
received by publisher.
Stripped books: Used to calculate
author's sell-through. Books not sold will have covers stripped
and returned to publisher as proof that they did not sell. Author
receives no royalties on these.
Synopsis: Summary of book's plot and
main characters, to be used by editor to assess it for purchase;
may vary from one or two pages to one page per ten thousand words
(rough rule of thumb.) Editors differ on length desired.
Tip sheets: Guidelines from publishers
regarding word count, subject matter, etc., available upon
request, with SASE.
Wholesalers: Distributors who stock
smaller accounts, such as convenience stores, supermarkets, drug
chains, discount stores. Example: Anderson News, which handles
many thousand accounts, and Anderson Merchandising, which stocks
Walmarts. May use trucks to deliver books and magazines to
accounts.
Word count: Number of words in
manuscript, determined by standard format which produces
approximately 250 words per page.