Self-Published Authors Sharply Criticize Penguin’s Book Country
http://paidcontent.org/article/419-s...-book-country/
Quote: "Many popular self-published authors are coming down hard on the self-publishing services that Penguin added to community writing site Book Country earlier this week, calling the initiative overpriced, royalty-grabbing and 'truly awful.' "
My comment: Beware of print publishers who wouldn't give the time of day if you sent them a manuscript submission bearing ebook gifts. Penguin's deal seems to make them a kind of greedy agent. You give them a lot of money to format your book, they "upload" it to booksellers and then keep 30% of the proceeds for each sale. A quote from their site, found at
A Newbie's Guide to Publishing (
http://jakonrath.blogspot.com/) under the heading "Book Country Fail":
"For a $2.99 eBook sale of a Book Country title on Amazon, Amazon takes $0.90 and then the author is entitled to $1.47."