Quote:
Originally Posted by Lemurion
Since most of the costs involved are labor costs - reducing them means paying people less.
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Authors are already being paid less, thanks to Macmillan's 5% payout reduction last year.
Authors will be paid less on the agency model, because 20% of 50% of HB list is typically higher than 20% of 70% of $12.99-$14.99.
And if publishers have to shed some bloat in their offices (non-author), so be it. I'm sure the assistant assistant editor doesn't really NEED the dedicated assistant to go get his coffee and dry-cleaning every morning.