Quote:
Originally Posted by Adele Ward
........ The booksellers never lose their full 30% mark-up. It may surprise you to know they have some additional clauses in their agreement with publishers. At times Amazon charges a 65% mark-up and only gives the publisher 35% to share with the author - an incredibly low royalty. Their reason for this is if the book is sold in certain countries - but they're just downloads so why should this make a difference? They also give themselves the right to lower the percentage paid to the publisher if they see a more competitive price for the book. It's not publishers killing ebooks. We really need this market to expand. But the online sellers have us tightly in their grasp and we have to agree to their conditions.
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But surely that can't be right ?
Amazon, taking advantage of its market position and screwing authors ? Oh,sorry, it's the publishers who are screwing the authors, by not reducing their profit......
Amazon would never behave like that........
