Originally Posted by markbot
In theory, writers can now publish themselves on the Amazon Kindle for a relatively small fee to Amazon.com. I guess that editing, promoting, secretarying, proofing, and validating by the establishment is quite costly for writers.
And that's exactly what they're paying the lion's share of profits for: validation. It has nothing to do with editing, proofing and all the rest of that gumpf (picking up any recent best-seller will prove that editing and proofing are long lost concepts).
Here's a breakdown of an author's actual sales figures, from a recent article on Publetariat.com (http://www.publetariat.com/think/par...nal-publishers
). These figures show his earnings with and without the publisher involved.
Ebooks from Hyperion sold on Kindle
- Earnings from Jan. 1 to June 31, 2009.
- 6 titles published on Kindle.
- Price range per book: $3.96 -$7.99
- 1237 ebooks sold in 6 months.
- Total royalties: $2008
Self-published ebooks sold on Kindle
- Earnings from Jan. 1 to June 31, 2009
- 4 titles published on Kindle.
- Price range per book: $1.99
- 9800 books sold in 6 months.
- Total earnings: $6860