Most Smashwords
authors and publishers earn the bulk of their income by taking advantage of the Smashwords distribution network, where we distribute to major ebook retailers such as the Apple iBooks, Barnes & Noble, Kobo, and others.
Indie
authors and publishers earn 60 % list price when a reader opens an e-book and reads more than 10 % of the book.
It doesn't stop there;
authors and publishers earn 85 % of sales, making it one of the services with highest return.
Personally (speaking as an author as well as a trustee) I'd love to see a system like many Europeans have, in which libraries automatically get all electronic titles, with
the author and publisher earning modest royalties based on how often their stuff is lent out.
Not exact matches
Where copyright led to books being priced as luxury goods in the U.K., the threat of piracy forced German
publishers to produce cheap editions for the masses alongside their premium - priced editions, resulting in a period that Höffner believes may have been the most lucrative ever for
authors — he discovered, for example, that an obscure Berlin chemist
earned more in royalties for a tract on how to tan leather than Mary Shelley did for writing Frankenstein — prompting more academics to publish their findings,
and encouraging the spread of practical manuals in fields like medicine, engineering
and agriculture.
SEATTLE, Jan 20, 2010 (BUSINESS WIRE)-- Amazon.com (NASDAQ: AMZN) today announced details of a new program that will enable
authors and publishers who use the Kindle Digital Text Platform (DTP) to
earn a larger share of revenue from each Kindle book they sell.
The problem is indeed that traditional
authors expect to have their book published, get a big advance,
and if it doesnâ $ ™ t
earn out hard luck for the
publisher - they have to take risks.
And I don't see where you get the idea that it is easier to make money going indie than it is traditional, -LCB- to join these organizations you have to
earn «x» amount of money over a single calendar year, where the specified amount for indie
publishers is a * multiple * of the requirement for traditionally - published
authors minimum income, because it is easier to make money by going indie, -RCB- because it is actually harder.
Smashwords
authors and publishers will
earn 45 % list from Odilo sales, the same as from Smashwords library aggregators OverDrive
and Baker & Taylor Axis 360.
With news this week that Amazon has added whole new international markets to its list of places where
authors and publishers can
earn a 70 % royalty on ebooks, the rumors
and misinformed half - truths have begun swirling again as
authors set out to decipher the terms.
While libraries are concerned with meeting their budgets
and offering relevant content in a way that keeps patrons looking to their libraries for material,
publishers have to ensure that their
authors are compensated
and that they continue to
earn enough of a profit to keep their doors open.
The
publishers who see
authors reclaiming their rights to go Indie
and earn more in a month than what they got twice a year from their
publishers,
and Indie
authors who refuse with a laugh their crappy contracts.
While writing
and publishing your own book can be sufficient reward, regardless of money, there are plenty of
author -
publishers who are
earning a good living
and more, from their self - published books.
Dana Lynn Smith, the Savvy Book Marketer, teaches
authors and indie
publishers how to sell more books
and earn more money from their publishing business.
(cont'd)- I'm giving away hundreds of listings on the Vault,
and as a result of doing so, won't see one thin dime of income on the site until October or later - Given all the time
and money I've already sunk into developing the site, I don't even expect to
earn back my upfront investment until sometime next year - I'm already personally reaching out to
publishers on behalf of
authors who are listed in the Vault, on my own time
and my own long distance bill, despite the fact that I don't stand to
earn so much as a finder's fee if any of those contacts result in an offer - I make my The IndieAuthor Guide available for free on my
author site
and blog - I built Publetariat, a free resource for self - pubbing
authors and small imprints, by myself,
and paid for its registration, software
and hosting out of my own pocket - I shoulder all the ongoing expense
and the lion's share of administration for the Publetariat site, which since its launch on 2/11 of this year, has only
earned $ 36 in ad revenue; the site never has,
and likely never will,
earn its keep in ad revenue, but I keep it going because I know it's a valuable resource for
authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of Ebooks panel
and raise awareness about self - published
authors who are strategically leveraging ebooks - I judge in self - published book competitions,
and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading
and commenting In spite of all this, you still come here
and elsewhere to insinuate I'm greedy
and only out to take advantage of my fellow
authors.
Freemium self -
publishers use tactics that aren't quite so obvious, but include overcharging for additional services (like the custom covers
and book videos), overcharging for
author copies,
and the coup - de-grace: manipulating you into actually giving away your e-book to their customers under the guise of «marketing» (but, you only «
earn the right» to do this if they have an exclusive on your book, thus preventing you from making money elsewhere).
If local business models are researched well
and chosen judiciously,
authors will
earn more money, their works will reach new readers,
and both
publishers and authors can gain intelligence along way to better adapt their next decisions.
Publishers sell books into different outlets at different prices,
and when they
earn less they like to pay the
author less.
Hell's bells, if we have to make sure we send an edited manuscript to our agents
and editors before they «edit» it —
and yes, there are a number of
authors who pay freelance editors to go over their work before submitting it because they know there will be no real editing done by their editors at certain legacy
publishers —
and we have to do our own marketing
and promotion
and do it on our own dime, why are we giving legacy
publishers the majority of money
earned by our hard work?
But is it fair to require an
author who is only publishing digitally to prove
earning equal to the advance for print
and digital rights —
and all other rights the
publisher can think of to grab?
It was bigger than ever this year, with over 100
authors,
publishers and other book trade folk mixing
and mingling over a well -
earned drink after a hard day's Book Fairing.
In the last decade, the success of self - published
authors has shown traditional
publishers that DIY writers can
earn the adoration of millions
and the respect of even the harshest literary critics.
Essentially, the
publisher earns $ 2.20 more per copy
and the
author makes $ 1.58 less.
• Very few
authors who debut with major
publishers make enough money to
earn a living —
and modern advances don't cover the difference.
Solomon was slightly more forgiving as she applauded Howey's efforts to arm
authors with solid data
and knowledge, but even she went on to state that
publishers earn a significant portion of their revenue from print sales,
and Author Earnings only takes into account ebook sales.
Publishers do still fight over manuscripts from «hot»
authors and you still see agents taking projects to auction, with advances being paid that may never
earn out because of over-exuberance.
If the book happened to be chosen
and accepted from the slush pile of manuscripts, the
author (in reality the agent since old school
publishers don't really like to interact with the actual
author) was notified,
and small check was sent as an «advance» for what the
publisher hoped to at least
earn out that advance.
Because self - published
authors keep 70 % of their total purchase price on Amazon compared to the 25 % that most traditionally published
authors get from their
publishers, indie
authors are
earning almost half the daily
author revenue in the Mystery / Thriller, Science Fiction / Fantasy,
and Romance genres.
Authors who have not signed with any
publishers can self publish their in ebook format
and can
earn up to 70 per cent royalties from the books they sell.
Traditional
publishers have benefits that
authors don't want to deal with — advances (e.g.
earn some money while you are writing), copy editing
and marketing assistance (though if you think they will market without your effort, you are just lying to yourself).
We don't hear much about the great bestsellers in educational publishing (although I can assure you than many
earn both their
publishers and their
authors a great deal more than the average new novel).
How Much Money You Can Expect to Make From Your First Book Contract (Chad R. Allen): Chad's the Editorial Director at Baker Books,
and here he breaks down exactly how
publishers calculate advances
and how much money an
author can
earn from a book.
The income threshold is the same, whether the money is from income
earned from an advance - paying
publisher, a small press that doesn't pay an advance, or self - publishing (for small press
and self - publishing
authors, I believe there will be a timeframe in which the income must be
earned — I'm thinking it's 12 months, but don't quote me on that).
It's here the two paths separate,
and while a writer intent on a traditional publishing deal can submit her work to potential agents or
publishers and take a well -
earned siesta, the self - publishing
author has to get busy.
Large
publishers can't compete against that (a traditional mass market paperback sold for $ 8.00
earns the
author about 40 cents), which is one of the reasons I firmly believe the future of publishing lies in the hands of indie
authors and small
publishers,
and in the years ahead we'll see more
and more big - name
authors go indie.
At the present time, traditionally published
authors still only receive the standard 15 % royalty, identical to what they would
earn on hardcover sales; the chairman explained the historical rationale for the 15 % paid out to
authors, which was based on the assumption that the cost of producing the physical book was about 70 % of the sales price
and the remaining 30 % was to be split equally between the
author and the
publisher.
The site is a «highly visible discovery place for their titles
and authors,»
and she said
publishers earn «fairly respectable revenue for a brief two - week promotion.»
According to our data, 2 of the top 7 highest -
earning Big - Five debut
authors from the last 5 years were E. L. James
and Colleen Hoover, both of whom were self - published breakouts before a traditional
publisher jumped aboard.
That said, one takeaway from the
Author Earning's blog data is that books do seem to be very elastic: it seems obvious that the shift to agency pricing
and associated higher prices has a direct connection to the falling share for big
publishers in the ebook market.
Since we only
earn income on commission, we're 100 % focused on helping our
authors,
publishers and literary agents reach more readers
and sell more books
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.
I compared the
Author Earning's blog's May 2015 report to its May 2014 report (to best match the data in the New York Times story, which is for the first five months of the year)
and found that
publisher ebook revenue is only up 1 %, while Amazon's revenue is down 1 % (which, it should be noted, contradicts the company's public statements).
«In addition to being a great new benefit for customers, this is an easy choice for
publishers and authors who will now be able to
earn more from each book they publish.»
In both cases,
authors earn royalties, but traditional
publishers have the ultimate say what the final content is
and how soon it is made available for readers.
As a book designer, I still run into many who don't understand that self - publishing is not a nickel -
and - dime DIY project whereby one does the cheapest work one can
and expects readers to part with their hard -
earned dollars for something that the
author -
publisher doesn't have the confidence or an integrity to make worthwhile.
But more important than how much she's
earning as an
author is the ability
and clout she maintains to be selective in not only her books, but her
publishers as well.
«In addition to being a great new benefit for customers, this is an easy choice for
publishers and authors who will now be able to
earn more from each book they publish,» said Russ Grandinetti, vice president of Kindle Content.
Fewer than 700 Big Five
authors and fewer than 500 small - or - medium
publisher authors who debuted in the last 10 years are now
earning $ 25,000 a year or more on Amazon — from all of their hardcover, paperback, audio
and ebook editions combined.
For instance, suppose that a major
publisher needs to
earn more than $ 7.00 / copy to recoup a huge celebrity
author's advance
and an expensive advertising campaign.
Dubbed KDP Select, the fund aims to let indie
authors and publishers «make money in a whole new way»... [When] a KDP
author or
publisher chooses to make any of their books exclusive to the Kindle Store for at least 90 days, those books are eligible to be included in the Kindle Owners» Lending Library
and can
earn a share of the KDP Select fund.