posted on Aug, 6 2013 @ 09:55 AM
I am interested in what SO had to say.....regarding the royalties. It would take a pretty serious story to get me on Apples side.
This is the kind of think Jobs was trying to correct by settling on a higher price standard...
Do Authors Deserve a Higher eBook Royalty Rate?
Hardcover: publisher profit: $5.67, author royalty: $4.20
Ebook: publisher profit: $7.87, author royalty: $2.62
In order to appease the big publishers, there needed to be a standardized minor lift in the retail price.
And TechDirt: Author Says
eBooks Will Hurt Authors Because Of Royalty Rates
The e-book does seem at the moment to threaten the livelihood of writers, because the way in which writers are paid for their work in the form of
e-books is very much up in the air.
Jobs was trying to solidify this in the same way he did the cost of digital music downloads. The consumer benefited because of the wide variety of
available content, and if authors didn't see an economic advantage, there wouldn't be a wide variety of eBook content. This is also the reason JK
Rawlings went around her publisher and sold ebooks direct.
But even self-publishing doesn't look all that promising:
The eBook Path to Riches: Possibly Steeper Than
Just about all of this is based on the Amazon ebook store, as it's by far the largest. A former advertising colleague of mine is now an editor at
Harper Collins, and much of this comes from her... but she's not going on record (sorry).