The Public Lending Right (PLR) payment made to authors by the UK government each time their books are loaned through the public library system has dropped for the second year running.
The rate per loan has dropped to 6.05 pence, down from 6.25 pence in 2009-2010, and 6.29 pence the year before (2008-9).
Jim Parker, PLR registrar, said the drop was the result of the 15% cut to funding made by the government across the next four years. The pot of money backing the PLR payments drops from £7.22m in 2011-2012 to £6.96m in 2014-15.
Adult fiction authors would be the most likely to notice a drop in their total annual PLR payment because of the fall in the number of loans of their books through the public library system as well, Parker said. Overall library loans dropped 2.9% to 300.2m in the year 2010-2011, down from 309m the year before. However payments to children's authors are likely to have held steady because loans of their books grew marginally to 96.9m last year.
The full PLR statistics on author library loans will shortly be published.