Quote:
Originally Posted by nomesque
OK, so I'm sure it's not quite that easy for many, given multi-book contracts and the like. But still... talk about open possibilities...!!
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Yeah, that's the rub. Most are locked into long contracts.
But yeah, if they weren't there's opportunity to sell their own books etc.
But theirs still the risk that the market will drive prices way down in terms of what people are willing to pay, that piracy will eat into their sales etc. and they could still come out behind.
Keeping in mind that the successful authors are going to have more lucrative contracts with publishers currently, and be getting higher % of sales, so things aren't as bad for say John Grisham in the current set up as it is for up and coming or moderately successful authors who are really getting screwed as they have no leverage to negotiate deals with publishers.
So those types probably aren't very thrilled about the digital revolution. But it could be a boon for moderately successful authors once they're out of their current contracts and can just sell e-books directly to consumers and not have publishers taking a huge chunk of their profits.