Royalty Policy

1. Purpose This policy explains how Grangor may allocate and pay royalties to approved contributors whose work is published on the platform. Our aim is to make the process as clear and fair as possible. Not every contributor, title, or project will automatically qualify for royalties. Eligibility, percentages, and payment arrangements will be confirmed by Grangor before publication or before a contributor is formally attached to a title. 2. Who this policy applies to This policy may apply to approved contributors including, but not limited to: Authors Editors Cover artists Illustrators Narrators Other approved creative contributors A contributor must be approved by Grangor and formally attached to a published title or approved project before any royalty arrangement can apply. 3. No automatic entitlement Submitting work, creating an account, being listed on the platform, or contributing to discussions does not by itself create any automatic right to royalties, ownership, employment, partnership, or future payment. Any royalty arrangement only applies where Grangor has expressly agreed to it. 4. What royalties may be based on Where Grangor offers a royalty arrangement, it may be based on either: Revenue share A percentage of qualifying revenue earned from a specific title, product, or project Profit share A percentage of qualifying profit remaining after agreed costs, fees, refunds, taxes, and deductions Grangor will state which model applies to each title, contributor, or project. 5. Qualifying revenue Unless otherwise stated in writing, qualifying revenue may include money actually received by Grangor from: Paid reading access Subscriptions where a title is included in the paid offer Audiobook access or sales Premium content access Digital product sales connected to a title Other title specific monetisation approved by Grangor 6. Excluded amounts Unless otherwise stated in writing, royalty calculations may exclude: VAT and similar taxes Payment processor fees Refunds and chargebacks Advertising costs Platform running costs Third party distribution fees Promotional discounts Affiliate commissions Administrative costs Any other agreed business costs directly or indirectly related to monetising the work If a contributor is on a revenue share model rather than a profit share model, Grangor will clarify which deductions apply. 7. How contributor shares are allocated Each approved contributor may be assigned a percentage share for a specific title or project. That share may vary depending on: The type of contribution The scale of the contribution Whether the contribution is ongoing or one off Whether the title is solo created or collaborative Any separate agreement made between Grangor and the contributor Grangor may divide a title’s available royalty pool between multiple contributors. The exact percentages will be confirmed by Grangor and recorded internally and or in writing. 8. Subscription income allocation Where earnings come from subscriptions rather than direct title purchases, Grangor may use a reasonable internal method to attribute value to titles and contributors. This method may include factors such as: Reader engagement Reading activity Completion rate Time spent Title popularity Content weighting Other internal performance indicators Grangor may update the method from time to time in order to reflect platform growth and fairness across the catalogue. 9. When earnings begin A contributor’s royalty earnings begin from the day a title is published or otherwise made available to readers on the platform. For serialised, episodic, or ongoing titles, earnings may begin before the title is complete, provided the title has been published and made accessible to readers. 10. Reporting and payment timing Where a contributor is entitled to payment, Grangor will normally calculate earnings on a periodic basis determined by Grangor, such as monthly, quarterly, or another reasonable interval. Payments may only be made after: Funds have been received by Grangor The relevant calculation period has ended Any refunds, disputes, or reversals have been accounted for The contributor has supplied any information reasonably required for payment 11. Minimum payout threshold Grangor may apply a minimum payout threshold before releasing earnings. If a contributor’s balance does not meet the minimum threshold, the unpaid amount may be rolled forward to the next payment period. 12. Payment method Payments may be made using a payment method chosen by Grangor, such as bank transfer or another approved method. Contributors are responsible for ensuring their payment details are correct and up to date. 13. Tax responsibility Contributors are responsible for their own tax affairs unless the law requires otherwise. Grangor may request invoices, tax information, or other details before making payment where appropriate. 14. Corrections and disputes If Grangor discovers an error in a royalty calculation, it may correct the error in a future statement or payment. If a contributor believes a payment is incorrect, they should contact Grangor within a reasonable period and provide details of the issue. Grangor will review genuine disputes in good faith, but its records, platform data, and payment records will generally form the basis of any decision unless clear evidence shows otherwise. 15. Title removal, suspension, or closure If a title is removed, unpublished, suspended, withdrawn, or otherwise made unavailable, Grangor may stop future royalty accruals from the date the title stops generating qualifying income. Any earnings accrued before removal may still be payable, subject to this policy and any separate agreement. 16. Changes to contributor status If a contributor leaves a project, breaches terms, is removed from a title, or if a title is materially restructured, Grangor may review and adjust future royalty arrangements where permitted by the applicable agreement. Any change will not normally affect sums that were validly accrued before the change, unless there has been fraud, breach, error, or another lawful basis for adjustment. 17. No guarantee of earnings Grangor does not guarantee that any title, submission, or contribution will generate income. Royalties depend on actual platform performance, reader activity, pricing, retention, promotion, and other commercial factors. 18. Relationship of the parties Contributors are independent contributors unless expressly stated otherwise in writing. Nothing in this policy creates an employment relationship, partnership, agency relationship, or joint venture between Grangor and any contributor. 19. Changes to this policy Grangor may update this policy from time to time. Where a contributor is already attached to a title under specific written royalty terms, those specific agreed terms will usually take priority over later general policy changes unless otherwise stated. 20. Contact Questions about this policy can be sent to Grangor through the contact details provided on the website.