Hachette to Bring in New Royalty Statement System in 2018

Hachette will be bringing in more regular, clearer and more detailed royalty statements for authors by the end of 2018, the company has said in a letter to its authors.

Writing his annual end of year letter to Hachette authors sent out yesterday evening (13th October), c.e.o Tim Hely Hutchinson said: "After consulting widely with agents, we have commissioned a new royalties system to produce much better, clearer and more detailed royalty statements.”