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new models
Published friends of mine said publishers were trying top snag ebook rights of older titles, saying they'd pay "40 percent, or even 50 percent!" of royalties. Answer: "Can you beat 70 percent?"
The role of publishers will spread out to independent editors and graphic designers, and the occasional PR firm. Blockbusters will be blockbusters--the business has been moving that way anyway since the demise of the mass market paperback as a popular format. They used to aim for 100,000 in sales and now they are lucky to get 10,000. It's easier for a publisher to sell millions of copies of a small handful of titles.
Scott
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