B&N Warns of Delayed Payments

Offices are shutting down due to the pandemic , and that is throwing a wrench into previously  orderly operations. Messages are going unanswered, and now Barnes & Noble has warned that its royalty payments could be delayed as a result of shifting its staff to work at home.

Draft2Digital sent out an email today, warning that B&N royalties could be delayed.

As the effects of the COVID-19 outbreak continue to impact the industry, some of our retailers are having to adjust to new ways of operating certain aspects of their business.

As a result, Barnes & Noble has informed us that they are experiencing some delays in processing payments for February sales, due to having to shift to remote operation.

We will continue to monitor and make any updates to royalty reports as those come in. At this time, we are hopeful the payment will be received from B&N before the April 15th royalty payments are applied. However, if they come later, we will make a second payment of royalties immediately after we receive the funds.

The pandemic has also disrupted supply chains. While Amazon has not announced a delay to payments, it is delaying shipments of non-essential products. (I’ve been waiting 3 weeks for an order that would usually arrive within a couple days.)

Thanks, Brian!

image by MikeKalasnik via Flickr

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader. He has been blogging about indie authors since 2010 while learning new tech skills weekly. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

3 Comments

  1. Sherrie Douglas14 April, 2020

    Thanks so much for this!

    It explains why my D2D Royalties Report is minus the B&N figure.

    Thanks again.

    Sherrie

    Reply
    1. Nate Hoffelder14 April, 2020

      Glad I could help!

      Reply
  2. […] I reported last week that B&N was delaying payments, I didn't know whether it was the result of the office closing or a sign of money […]

    Reply

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