Michael Sullivan is calling
KU a 'two-tier' system for authors.
The differences boil down to:
Quote:
Self-published authors MUST be exclusive to Amazon (except for a handful of best-selling authors) and can’t sell their books on other sites. Traditionally published books have no such exclusivity requirement and can be sold wherever the publisher wishes.
Self-published authors are paid from a pool set by Amazon each month. They have no idea how much they will be paid per book. Traditionally published books get paid exactly as they would if a sale were made. They know exactly what the unit price will be for each book and are not relying on the Amazon’s whim as far as what their unit price will be.
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Quote:
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[Self-published authors] have been conditioned through several years of Select and those in Select are more than willing to give up other venues for higher visibility on Amazon. I can’t help but think I’m Jimmy Stewart in It’s a Wonderful Life, trying to tell people at the Bedford Savings and Loan that Potter isn’t offering them a deal; he’s buying them cheap.
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Thoughts?