Thread: The DRM Drumbeat continues
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Old 08-04-2006, 02:39 PM   #12
Bob Russell
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There's some information along the lines of "where the money goes" for books in an article by Michael Mace at http://mobileopportunity.blogspot.co...t-3-books.html, where he discusses e-books.

Quote:
The economics of book publishing today: "You don't write a book to make money"

That's the consensus from everyone I know who's involved in the publishing business. When you look at the economics of book publishing, it's easy to understand why they say that. For hardcover books, an author typically gets 10% to 15% of the retail price, depending on how many copies are sold. For paperbacks, the royalty rate is 4-8%. An agent will take about 15% of those royalties off the top. There are good summaries here and here.

That means if you write a hardcover book that sells for $30, you'll probably get about $3 to $4.50 per copy sold. If you write a paperback that sells for $7, you may get about 42 cents per book sold.
He also provides links for those "good summaries", and the whole article is definitely worth a read.
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