I was contacted by Mango Publishing (www.mangopublishinggroup.com) a few months ago and was offered a contract after putting together a general proposal.
I've tried to research the company but haven't found much, which is a bit concerning. I was wondering if anyone has any experience with them, or has any additional advice.
To my surprise their contract is quite brief, and the Revenue Share section is literally a sentence long: "Mango will share thirty (30%) of Net Revenue for up to three thousand five hundred (3500) copies of a Title sold and fifty (50%) of Net Revenue for additional copies of a Title sold."
Initially I declined to sign the contract because of the vague terms, and they reached out again recently. They said they'd be willing to negotiate, but I haven't pushed the issue. I've done research on the red flags of "net revenue" and asked for clarification of the contract terms and received this breakdown:
Retail price: $20.00
Retailer takes: ~$11.50
Print production: ~$2.50 per book
Net revenue for sharing between author and publisher: $6.00
I have zero experience here and am researching whatever I can find for guidance, but it would be wonderful to get help from people who have experience in this area.