Word: fee
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Consider the advance system, whereby a publisher pays an author a nonreturnable up-front fee for a book. If the book doesn't "earn out," in the industry parlance, the publisher simply eats the cost. Another example: publishers sell books to bookstores on a consignment system, which means the stores can return unsold books to publishers for a full refund. Publishers suck up the shipping costs both ways, plus the expense of printing and then pulping the merchandise. "They print way more than they know they can sell, to kind of create a buzz, and then they end up taking...
...introduce the President again." I said, "Boy, what a thrill! Absolutely! Just tell me when and where." And she said, "Well, the where is Pennsylvania Avenue and the when is Jan. 20, 1957. You're going to be the President's announcer." Then she asked, "Will you charge a fee? Because our parade budget is very minimal." And I said, "No, as a matter of fact, to be honest, I'd pay you for the honor...
...government's insurance scheme will play a key role in efforts to prevent that. Under the plan, scheduled to run for at least five years, banks will pay a fee to the government for taking out a policy. Lenders will also shoulder a "first loss" amount - similar to the excess on an auto insurance policy - as well as roughly 10% of the remaining losses. In return for picking up the rest, the government will require banks to sign agreements binding them to increased rates of lending. Just how much risk that exposes the U.K. government to is unclear; the level...
...thereby bringing European law in line with that of the U.S. But opponents of extending copyright say shorter copyright periods benefit consumers by eliminating hidden costs - European publishers are able to sell books at a much cheaper price, for instance, if they are not required to pay a licensing fee. Consumer groups accuse European politicians of swooning for the handful of crooners currently lobbying for copyright extension. French singer Johnny Hallyday - a close friend of French President Nicolas Sarkozy - and the British pop legend Cliff Richard have run high-profile campaigns in the hope of continuing to collect royalties...
...wrote in the letter. This figure represents the smallest percentage increase since 1966. This increase, recommended by Princeton’s Priorities Committee, will pay for tuition, room, and board, Aronson said. The recommendation must be approved by Princeton’s Board of Trustees, who are responsible for fee packages. The biggest losers within Princeton will be tenured faculty and higher-level administrators, for whom salary increases will be capped at $2,000. Princeton’s scholarship budget is expected to rise 13 percent from $92 million to $104 million, Aronson said. This figure includes increases in scholarship...