As I’m gearing up for a very busy month handling royalties, I’m doing everything I can to prepare. And in doing so, I had a discussion recently with an intern about the basics of royalty processing. It occurred to me that because I’ve been “in the trenches” for what seems like forever, I’ve almost forgotten how intimidated and inexpert I was when I first started. Lucky for me, the gifted Jim McCarthy was just a hop, skip, and crazy-steep staircase away to answer my most inane questions with an encouraging smile.
So, now, I turn it over to you, the loyal readers, for your own questions. Curious what a reserve against returns is? Wondering what the difference between net and retail pricing is? Let me know!