I don't know if anyone follows Writer Unboxed, but they had an interesting article this week about HarperCollins plans for ebooks and increased drive to go that route. They were pulling from an article by Brian DeFiore at AARdvark, which was covered by a few other blogs, including Galley Cat.
Basically, if I followed it, HarperCollins is planning to encourage epubbing more, because they get a bigger profit, though it's at a loss to writers.
Some salient quotes:
From the original DeFiore article:
Basically, if I followed it, HarperCollins is planning to encourage epubbing more, because they get a bigger profit, though it's at a loss to writers.
Some salient quotes:
From the original DeFiore article:
Quoted in the Writer Unboxed article (original source unclear):Look at Harper’s own numbers:
$27.99 hardcover generates $5.67 profit to publisher and $4.20 royalty to author
$14.99 agency priced e-book generates $7.87 profit to publisher and $2.62 royalty to author.
I was hoping the collective experience in both traditional and self-publishing would lead to a more thorough discussion of this. So, anyone have thoughts?Every time a hardcover sale is replaced by an ebook sale, the publisher makes $2.20 more per copy and the author makes $1.58 less.