As I scroll through Google News articles about the now infamous Hachette-Amazon dispute, I see several impassioned headlines that urge authors and readers to pick a side in the brawl, as if allegiance is somehow a reflection of one's moral fiber. "Amazon is Not the 'Putin of Books,'" and "Amazon is Not Your Best Friend," are two such examples.
Publishing industry veteran and consultant Mike Shatzkin weighs in on the agency royalty mess I mentioned a little while ago. He elaborates on what Brian DeFiore said about how the most successful authors are largely exempt from this, because their advances are calculated to come out to more money than their expected sales should generate, [...]
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How does agency pricing affect author royalties? Sharp-eyed blogger Brian DeFiore spotted a clue in a slide from HarperCollins’s latest investors’ meeting pointing out that, under agency pricing and the now-standard 25% e-book royalty, publishers are making considerably more and authors considerably less for each agency-priced e-book sale than for each hardcover sale. $27.99 hardcover [...]