I see that nobody commented on the fact that the author's revenue isn't included in the calculation of how much money everybody gets? Isn't the author the one getting screwed over on this one?
Also I would like to show a
different point of view on this:
Quote:
How much should e-books cost?
"E-books should be an awful lot cheaper than printed books," says Tim Coates, founder of e-books sales and lending site Bilbary, and a former managing director at WH Smith and Waterstone's.
"The cost of getting to the first copy is about the same," he says, referring to the costs of finding an author, paying them and editing their work.
"But thereafter, the economics are nil."
Mr Coates estimates that 60% of the cost of a book is down to printing and distribution
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