Net receipts royalties Methods of calculating royalties changed during the 1980s, due to the rise of retail chain booksellers, which demanded increasing discounts from publishers. As a result, rather than paying royalties based on a percentage of a book’s cover price, publishers preferred to pay royalties based on their net receipts. In 1991 , Frederick Nolan, author and former publishing executive, explained how the new system made 'sheet dealing' possible:
Net receipts royalties Methods of calculating royalties changed during the 1980s, due to the rise of retail chain booksellers, which demanded increasing discounts from publishers. As a result, rather than paying royalties based on a percentage of a book’s cover price, publishers preferred to pay royalties based on their net receipts. During the 1986-92 court case of Andrew Malcolm vs Oxford University , Frederick Nolan, author and former publishing executive, explained how the new system made 'sheet dealing' possible:
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In 1991
During the 1986-92 court case of Andrew Malcolm vs Oxford University