Quote:
Originally Posted by Kali Yuga
Incorrect, especially with an agency model.
$15 cover and list price for an ebook; retailer gets 30%, author gets 10%. Revenues (not profit) are $9. From that $9 you have to repay the investment in the book (advance, editing, proofreading, marketing, special promotions, maybe a book tour), pay taxes, pay your overhead, pay your staff and so forth. And of course, many books just don't sell, and something needs to fill that hole in the ground. The publisher's profits -- what's left over after all that -- is much smaller; as I mentioned, it's around 15%.
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There is something I don't understand here... How do you pay 10% to the author and advances from the same book?
And I'm yet to see "special promotions" in ebooks from the publisher...