According to the contract, annual or semi-annual
royalty report is required. We send the royalty statements to publishers via
e-mail or postal mail before the royalty report period. Please fill out the
royalty report form and send back to our office. For Korean publishers, we have
website to upload the detail numbers. After printing and signing on the royalty
report please kindly send it to our office by post. After the publisher report
the royalty statements, the publisher should make payments on the acquiring
royalty by the middle of March/ September (for semi-annual royalty report).
For the website royalty submission, we
provide ID and password to the publishers for submission of the statements
before the royalty report period through email or post. Upon completing
submission of the royalty statement on online, please click the ‘PRINT ROYALTY STATEMENT’, have the copies
singed, and send back the original copies to us by post. The proprietor may
request references of the statements so please report the sales based on fact.
In the case of exported Korean titles,
agents will send the foreign publishers a report form via email and the
publishers will submit the statements followed by the agents’ guide.
When filling in the statements on the
website, please kindly refer to following guidance.
NO OF THE COPIES IN STOCK IN PREVIOUS
PERIOD:
The number copies which is remained
after you submit the royalty statement of the previous period
NO. OF COPIES IN PRINTED IN THIS
PERIOD:
The number copies which is newly
printed during the report period
NO. OF DISTRIBUTED COPIES:
The number of copies which is
distributed to retailers or to distributors
NO. OF RETURN COPIES:
The number of copies which is returned
from the retailers or distributors
COPIES SOLD IN THIS PERIOD:
[NO. OF DISTRIBUTED COPIES – NO. OF RETURN COPIES = COPIES SOLD IN THIS PERIOD]
NO. OF THE FREE COPIES:
The copies which are not sold but
provided as a complimentary copy
NO. OF DISPOSED COPIES:
The copies which is disposed due to a
defect of the book
NO. OF COPIES IN STOCK:
[NO OF THE COPIES IN
STOCK IN PREVIOUS PERIOD + NO. OF COPIES IN PRINTED IN THIS PERIOD - COPIES
SOLD IN THIS PERIOD - NO. OF THE FREE COPIES - NO. OF DISPOSED COPIES = NO. OF
COPIES IN STOCK]
