. . . to 25 percent of net. (UPDATE: Link — a letter on the Macmillan website from CEO John Sargent — no longer any good.)<\/p>\n
By which we can surmise that there’s some nervousness out there. Maybe writers are getting restless about the size of their cut?<\/p>\n
Of course, this is still far less than the royalty you get for a Kindle ebook, which is 70 percent of gross<\/a>.<\/p>\n Which makes me wonder a bit about this statement from the Sargent letter:<\/p>\n [T]he publishing industry standard for electronic book royalty rates has clearly settled 25% of net receipts<\/p><\/blockquote>\n “Clearly”?<\/p>\n He also takes a swipe at Amazon that doubles as a way to ‘splain why Macmillan won’t match the Kindle numbers:<\/p>\n Amazon had been providing the e-book versions of new release hardcovers at $9.99, considerably under Amazon\u2019s cost, making it very difficult for anyone else to prosper or even enter the market.<\/p><\/blockquote>\n Okay, then.<\/p>\n We live in interesting times . . .<\/p>\n","protected":false},"excerpt":{"rendered":" . . . to 25 percent of net. (UPDATE: Link — a letter on the Macmillan website from CEO John Sargent — no longer any good.) By which we can surmise that there’s some nervousness out there. Maybe writers are … Continue reading