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C|Net: Why e-books cost so much
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04-26-2012, 10:49 AM
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Kumabjorn
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Location: Sweden
Device: Kindle 3 WiFi, Kindle 4SO, Kindle for Android, Sony PRS-350 and PRS-T1
What happens if an author receives an advance of $100,000, earns royalties of $70,000 and had costs for researching the book amounting to $15,000. Will she have to pay back $15,000 to the publisher?
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