Quote:
Originally Posted by MerLock
In my opinion, when we talk about lower cost for digital books we are talking about passing that savings by going digital on to the consumer. What ever that difference happens to be.
So in most cases, the writer could still be compensated the same because the cost is deducted from production and distribution. Depends on the publisher I guess.
As a consumer, I would still pay a premium for new releases as long as it's reasonable. Market that 15 dollar book at 10 dollars and the publishers could still make money if it in fact cheaper to produce and distrubute digital books.
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I think in digital books every body wins due to lower production cost. Because there is no printing, binding, shipping. The only losers will be traditional big publishing houses whose business will go down.
For example, the author on $5 digital makes $3.50 because the royalty is 70% and on $20 printed he makes $1.60 because the royalty is 8%. And the consumer saves $15 on the price of book. And the publisher makes rest with almost no overhead cost. This is my own real example.