This article says that as wholesale ebook prices drop (the predicted trend) authors will as a result make less money. I'd like to point out that this is an incomplete statement. They should have said authors will make less money PER UNIT. It is unknown if the overall ebook price reduction will result in a similar overall number of units sold, or whether the ebook price reduction will allow the author to penetrate the market more effectively getting improved sales numbmers. This could easily result in MORE money to the author for the title even though the royalty per e-unit is less.
I'd rather sell an ebook to everyone who reads english for $1/e-unit royalty than have a New York Times number one bestseller print book with a good contract even with the massive royalties that go with print. Electronic distribution simply cannot be beaten.
I'd rather sell an ebook to everyone who reads english for $1/e-unit royalty than have a New York Times number one bestseller print book with a good contract even with the massive royalties that go with print. Electronic distribution simply cannot be beaten.