Quote:
Originally Posted by Kali Yuga
If it's backlist, perhaps the book broke even back in the day. Releasing it as an ebook incurs its own costs, including conversion, formatting and proofreading; it's not necessarily a huge sum, but it does have to be earned back. Plus the retailers and authors get their cut. So if you spend $10k on the conversion, price it at $10, and make $3 profit per ebook sold, you still need to move over 3300 units just to break even -- actually more, once you start figuring in taxes.
|
How do you figure $3 for the publisher from a $10 book?
Under agency agreements retailers take a flat 30%, and handle all dsitribution costs. So the publisher receives $7. Are you saying the author would get $4, leaving only $3 for the publisher?