Quote:
Originally Posted by darryl
I can never hear of that story without thinking of Johnny Fontaine and the Bandleader in the Godfather! I think competition will keep the prices down. The large traditional publishing houses seem to be mostly clinging to compensation models to authors when they were, collectively, the only game in town. There was no price competition. Though I'm sure some will disagree, I think it is fairly plain that traditional publishing contracts heavily favour the publisher. Indies and smaller traditional publishers already offer much better royalty rates and conditions to authors, and sell their books at far more competitive prices.
I think Indies now are generally getting an equitable share, but of course are responsible for their own promotion etc. Those authors who want more help and are accepted earn a much fairer proportion from some of the more innovative Indie publishers than with traditional publishers. I think the large traditional pub
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I think that what you fail to take into account is all the books that don't earn out their advance. It's a bit like complaining that an investor gets too much money for a company that makes it big, without considering the other 100 investments in which the investor makes that loses money.