That smirk—the one I wear when someone says Id rather be published traditionally, because it is more prestigious.—this is why: What we see is that publishers earn 135% more than the authors do for print books, but for ebook this increases to 300%. How much is prestige worth to you? Feed your ego or feed your family—your choice. Educate yourself. Not unsurprisingly, this data…especially since it is now coming from the horse’s mouth that is setting the rates, upset authors and agents alike. Brian DeFiore (Member of the Board of Directors for the Association of Authors Representatives),said: This chart illustrates very clearly something that agents have been arguing for several years now, and that publishers have been saying just isn’t true: that their savings on printing, binding and distribution make up for the lower revenue from lower e-book prices– and that increased profitability is coming entirely off the backs of authors. He concludes his post with: How can anyone in this industry see that as defensible?
Posted on: Wed, 04 Jun 2014 15:46:44 +0000
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