Quote:
Originally Posted by rhadin
Every bookseller calculates the amount owed to the publisher based on the publisher's list price for the book. Note that it is the publisher's list price, not the actual selling price.
I do not know what the precise agreement is between say Random House and Amazon as regards percentages. I believe the split is 65-35, with the publisher getting 65%, which means on a list price of $24.95, the publisher would get $16.22 and Amazon would get $8.73.
Even if Amazon isn't losing on every sale, it is making at best pennies and nickels, not enough to sustain a business model.
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Your assuming the list price of an ebook is the same as the hardcover price. The list price of paperback books is definately not the same as the list price of hardback books, so assuming the list price of an ebook is $24.95 is most likely wrong. The ebook list price may very well be $9.99.
Is Amazon making a profit at $9.99? I have no idea, but neither does anyone else here, and that was my point.