Quote:
Originally Posted by FlorenceArt
Less money compared to what? I need to know before I reach for the tissue box.
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Some
very rough figures:
Old model - $24 cover price. Get paid 50%, $12. ~10%, $1.2, to the author. Leaves $10.80 for the publisher. Some are sold for $10 to the public, or have other deals, but this has no relationship to what the publisher and author get paid.
New Model - $15 cover price. Get paid 70%, $10.50. ~7.5%, $0.8 to the author. Leaves $9.7 for the publisher, and this is invariant, disallowing deals - so a higher headline price and less general attraction due to inflexible pricing, which will push down sales.
So yea, 10% less per book for the publisher, 50% less for the author. Public will tend to pay marginally more (since the reality is that loss-leaders are a minority of books sold). The retailer gets a fixed cut, $4.50, rather than being able to be flexible.