By Porter Anderson | @Porter_Anderson
Provocations in Publishing: A Major Publisher Jumps the Shark
From the presiding agent for things-digital at the Association of Authors’ Representatives (AAR):
“Every time a hardcover sale is replaced by an ebook sale, the publisher makes $2.20 more per copy and the author makes $1.58 less.”
Say what? Yes. HarperCollins has exposed its lower royalty structure for authors on ebooks. Brian DeFiore:
“If the author made the same $4.20 royalty on the ebook sale as he/she would have [made] on a hardcover, the publisher would STILL be making an improved profit of $6.28.”
Bottom line: in traditional publishing, an ebook gives the publisher more and the author less.
Read the full article at WriterUnboxed.com