I don't understand how can an author think like that. Ebooks are great for authors because they remove the need for a publisher. That means more profit for authors and more authors for us. How many great books never got printed because publishers thought it wouldn't make money?
Before ebooks you needed : an author, an editor, a publisher and bookstores.
Now you just need : an author and an online store.
Let's say the online store takes 30% and sells the book for 12.99. That's $9 directly in the author's pocket. How much can an average author make selling pbooks through a publisher? 15%? Let's be generous and give him 25%. For a $25 hardcover copy, that makes $6.25.
Last edited by Shiren; 11-04-2009 at 05:12 PM.
|