«I agreed to
the traditional ebook royalty, which I think is criminally low, because I didn't really have any legs to stand on.
Not exact matches
Is the purpose of self - publishing
ebooks really to snag a
traditional publisher, at which time your
royalties will subsequently plummet?
I mean seriously, if Joe Konrath can make more selling his
ebooks at $ 2.99 than he would get in
royalties off a $ 24 HARDBACK, there's something seriously wrong with the money side of things in
traditional publishing.
Digital
royalties have been one of the major sticking points in the debate over
traditional vs. self - publishing, with many people (even from the
traditional publishing world) arguing that big publishers should raise digital
royalties on
ebooks to at least 50 percent.
They promise
ebook and
traditional publishing for substantial
royalties but the author needs to upfront a bunch of costs.Stay tuned, it's a wild and wooly scene out there!
If getting published traditionally doesn't especially help you to get your books on the shelves of stores (unless you are talented, awesome, hard - working, and lucky enough to be a Jim Butcher), then you've got a legitimate reason to question whether you want to roll the dice with
traditional publishers (who absolutely offer many great advantages), or get 70 %
royalties on your indie
ebooks and get paid 80 % of your print book's list price (minus the cost of POD printing) with your print - on - demand book via Lightning Source and their 20 % short discount option — which gets you right into Amazon.com and other online bookstores, just like the big boys do.
Because
traditional publishers are often foolish in how they handle
ebooks — insisting on seeing them as contenders for paper sales rather than a different market entirely and generally overpricing them, in addition to generally giving the authors a pittance of a
royalty on them.
Yep, the
Traditional Publishers are messing over their writers by paying crappy
royalties on
ebooks.
A new report claims that self - published authors have surged to 31 % of
ebook sales on Amazon.com, and are now earning more
ebook royalties than writers published by the «Big five»
traditional publishers.
It's long been known within the industry that
traditional publishers get a grossly unfair profit share from
ebook royalties.
For example, if authors want to participate in the largest and most
traditional of publishing models — proponents of which are at such pains these days to defend — it really is rather daunting to think that they, those authors, need to be prepared to suffer what appear, in fact, to be unfair
royalty structures on the fastest - growing sector,
ebooks.
Outside that range, Amazon only pays 35 %
royalties, which is about what some
traditional publishers pay authors for
ebooks.
The advantage to self - publishing is that you keep up to 70 % of your profit — which can be a lot of money if you're selling thousands of
ebooks a month — as opposed to
traditional publishing where you might earn an advance against 10 % of
royalties.
Agency pricing has returned to
ebooks, which means that publishers are setting their own
ebook prices and the retailers, like Amazon, are not discounting...
Traditional publishers are deliberately receiving a lower percentage
royalty to keep
ebook prices artificially high.
So when we're analyzing the value a
traditional publisher offers us, the numbers of print readers versus
ebook readers don't matter beyond
royalty percentage concerns.
Under the advance plus
royalty model, authors are offered a more
traditional publishing arrangement, with Random House's standard
eBook royalty of 25 percent of net receipts.
On
ebooks priced above the consumer - friendly threshold of $ 9.99 the
royalties are only 35 % and 40 % — and thatâ $ ™ s higher than
royalties typically paid by
traditional publishers.
If he wasn't making out better on his
ebook sales than he was on his hardcover sales, then he had a shitty contract deal with his publishers, because Amazon offers much better
royalty rates for
ebooks than you'll get from a
traditional publisher for hardcovers.
Traditional publishers typically offer somewhere between 5 - 15 percent gross
royalty to authors and 25 % net
royalty on
ebooks.
These days
traditional publishers often limit authors to a mean - spirited 10 %
royalty for print sales and a better but still mean 25 % for
ebooks and audiobooks.