Sign of the times
Self-help writer signs major deal with Amazon because he’d rather be with a technology company than a publishing company. Not sure there’s much of a difference when it comes to Amazon these days.
So it’s clear why the deal is both an outlier and a harbinger. Giving up the store sale is a difficult thing for any author to do, particularly when the math works out to be so close to breakeven (and we haven’t factored in the marketing impact of books in stores, which is real.) It took an author with a particular personal bent to pursue that choice. But it is a harbinger because the math would appear to be moving in Amazon’s direction. The one way I can see for publishers to improve their chances of looking good in this calculation is to raise their ebook royalty percentage. Of course, there’s no reason that Amazon couldn’t do the same thing.
Posted on August 18, 2011, in Uncategorized. Bookmark the permalink. Leave a comment.
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