A somewhat cryptic title, I know. It means ‘Public Lending Rights‘ and it refers to royalties payable to authors when their books are borrowed from public libraries. I didn’t know it existed until a fine fellow by the name of Mhehed Zherting passed me the link on Twitter.
This particular site only refers to libraries in the UK and Ireland but there are likely to be similar things in most countries. Worth checking out. It might be necessary to register with them all, or maybe you can only get royalties from libraries in your own country. I don’t know yet.
They report annually, on the period July 1st to June 30th the following year. So to get anything for this year you have to register now. The author has to register, and allocate a share to the cover artist (most of the books that came through here, the author was also the cover artist). I’m not yet clear whether the cover artist has to register separately.
Anyhow, I doubt any of the Leg Iron Books have been out long enough to have landed in a library yet. My own books have been and I know the local library has copies of them because I donated copies there. At the time I had no idea there was any way to earn money by doing that but well, I think I might donate copies of all the books to at least the local libraries.
The authors will need to register themselves. I can’t do it unless I have Power of Attorney over you and really, that would just be silly.
The deadline for this year is June 30th but as it’s unlikely any libraries have copies yet, there’s no real hurry. Even if I order them all tonight I won’t get them here and then into a library by the 30th. Do get registered in time for next year though. It’s worth a try.
On the subject of cover art – if a Leg Iron Books author doesn’t have a cover they’ve made themselves, I will make one for them. I don’t charge for this and I don’t take any extra cut of royalties for doing it. It’s free. So, if you register and you want to put a few percent into the ‘cover artist’ pot, think of it as a tip. Absolutely no more than 5% though, the author should get the lion’s share for writing it. All I did was take some photos and meddle with them a bit.
Another potential income stream uncovered thanks to Mhehed Zherting. All these income streams are likely to be pennies each but if there are enough of them it’ll soon turn into pounds.
This time next year, Rodney, we’ll be millionaires.