Quote:
Originally Posted by CleverClothe
Are you sure you clicked on the right link? The link in the OP goes to an article talking about the Publisher's Weekly survey. I see no insider knowledge, just publicly available data and some personal experience.
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I clicked on the link to the two page article by Ryan Faas and I said nothing about insider knowledge. In fact, that's the problem: handsome Mr Faas has no (obvious) special background or insight into the publishing industry.
The American Publishing Association reports US publishers, as a whole, are reporting 9% of ALL revenues -- trade, paper, hardcover, children's, romance, mass, texts -- are from ebooks in 2010. Those revenues are "gravy" in the sense that they incur only author royalties as incremental per sale costs and they come without any delayed costs (like returns).
Mr Faas asks the question: "Ebooks are hot, but are publishers making money on them?" but doesn't bother to address the question in his "article" other than "many publishers simply haven't been able to make accurate calculations". So ... are they making money, or not? It's a fluff piece that says nothing in particular.