Mason’s company is based not on a traditional book publisher’s financial model but is instead structured like an agency. “I'm representing authors with a traditional literary agency contract. With ebooks, when I publish, I’m only taking 10% of proceeds.” Mason keeps the book prices low ($2.99 for most), but “even with a $5 book they make the same amount of money they make with a traditional print contract.” Then, like a literary agency, he will seek to sell other rights to other publishers, for example, for the print edition.
A Fiction Publisher Who's All "E"
Mason’s company is based not on a traditional book publisher’s financial model but is instead structured like an agency. “I'm representing authors with a traditional literary agency contract. With ebooks, when I publish, I’m only taking 10% of proceeds.” Mason keeps the book prices low ($2.99 for most), but “even with a $5 book they make the same amount of money they make with a traditional print contract.” Then, like a literary agency, he will seek to sell other rights to other publishers, for example, for the print edition.