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Originally Posted by Dulin's Books
i dont follow th issue at all so can you link me to sources for this? authors complaining or their lawyers showing the fancy accounting?
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Fancy accounting:
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Apparently, some of the Big Six publishers are significantly underreporting the actual number of e-books sold on writers’ royalty statements.
I heard from dozens upon dozens of traditionally published writers last week, and to a person without exception, they had all looked at their royalty statements and found discrepancies like the ones I found. Some—and I find this terrifying—had the exact same numbers reported on their statement as were on my statement.
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Things authors never say about their publishers:
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"I love the fact that my royalty statements make no sense and I only get paid twice a year!"
"I love that my publisher prices my ebook at $12.99 and then keeps 52.5% of the list price!"
"I love getting my title changed to something I hate, and getting stuck with terrible covers!"
"I love the fact that it takes my publisher three months to give me the proofs, and then I have to return them in four days!
"I love it when I painstakingly go through a copy edit, and then when the book comes out none of my changes were made, and brand new mistakes were added!"
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Authors noticing that
publishers seem more interested in hurting Amazon than supporting authors: I
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n sum, publishers are jacking readers over in regards to digital books but now we are supposed to act against our own financial interest or our own convenience to help publishers fight against Amazon?
We recognize that an Amazon as the exclusive vendor of books would be bad for us but what are publishers doing about it? Why is it the reader, the only party who does not make money in this equation, have to be the one to take the financial hit in the fight against Amazon?
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The fancy accounting post details are being investigated through legal means; the details aren't public. But if you really haven't heard of substantial numbers of authors feeling screwed over by publishers, you are oblivious to the publishing industry.