August 03, 2009

This Brave New World

I’m fascinated by this brave new world of electronic publishing. Amidst the ashes of the 20th-century “dead trees and warehouses and fleets of trucks” publishing models, a host of authors and would-be publishers are experimenting with ebook reader devices and file formats and business models, trying their creative best to find ways to get paid for writing fiction. Although I doubt that selling individual erotic short stories for a buck will be a major part of the model that’s finally going to prevail, Alison’s spanking fiction is something I value. We collectively need to find a way for authors like her to get paid...

This is a quote from Mr. Spanking Blog, and he so neatly sums up the issues surrounding publishing! "Dead trees and warehouses and fleets of trucks." There is more, of course, to the problem. Here's an oddity. Amazon pays publishers 45% of the cover price of their books. But Amazon pays 35% of the cover price for the Kindle. Isn't that bizarre? I think this is because Amazon is planning on dealing directly with authors for the Kindle. And a 35% royalty rate is a great deal to a writer who is accustomed to receiving 7-10%.

But I believe with e-rights authors should receive an even higher royalty, because all of the traditional costs have disappeared. There are no printing, storage, shipping, or warehouse fees, on the publisher's end. And there are no storage, handling, or shipping fees on Amazon's end. Don't you think the writer should get 50%? *I* do.



Dakota Rebel said...

I deal with quite a few EBook publishers and the industry standard for EBook royalties (on novels) is 37% - 40%. When the EBook goes to print the standard 5% - 7% is enforced.

EBook royalties sound better on paper. However when you factor in that the print book costs more, so your 7% is being pulled against a higher sell price as opposed to heavily discounted EBook pricing it is almost a wash. Especially when you figure you are going to get more hard copy sales in the long run. EBooks are catching on, but people are still snapping up paperbacks at a larger rate.

Just my experience if you're interested.

Dakota Rebel

Confidant said...

Amazing illustration! And here's my two cents on e-book royalties: writer's should receive a minimum of 50%.

Kristina Wright said...

Just wanted to say I loved this pendant so much that I went and ordered it. Thanks for using the image.

I've had no experience with e-publishing yet, but it seems as if the Kindle and Sony Reader are making ebooks more popular. Good news for authors, I think.