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The Book Designer reports that Ryu Murakami is cutting his pretigious publisher (Kodansha) completely out of his next book. Instead he'll be publishing direct to Apple iPad.
Friday, July 16, 2010
Tuesday, July 13, 2010
EBOOK ROYALTIES - 25% or 50%?
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Interesting article on ebook royalties in yesterday's Guardian. Speaking at the Romantic Novelists' Association annual conference, Tom Holland, the Chair of The Society of Authors, said that a 25% ebook royalty for the duration of the copyright (as currently offered by the big publishers) is unfair and could, in the long term, damage the publishing industry.
Print publishers found unknown authors, presented them to the world and turned a few of them into high earners. A good deal for all and the publisher deserved the payback. Ebook overheads and risks aren't remotely comparable. The best ebook publishers of the future, however, will allocate a good chunk of their resources and efforts into promoting their authors in new, innovative ways that haven't been thought of yet. Authors will compete for this service much in the same way that they have done in the past for high publishing advances. Whatever the big publishers do, short term licensing and a larger cut for authors will become the norm.
Interesting article on ebook royalties in yesterday's Guardian. Speaking at the Romantic Novelists' Association annual conference, Tom Holland, the Chair of The Society of Authors, said that a 25% ebook royalty for the duration of the copyright (as currently offered by the big publishers) is unfair and could, in the long term, damage the publishing industry.
Print publishers found unknown authors, presented them to the world and turned a few of them into high earners. A good deal for all and the publisher deserved the payback. Ebook overheads and risks aren't remotely comparable. The best ebook publishers of the future, however, will allocate a good chunk of their resources and efforts into promoting their authors in new, innovative ways that haven't been thought of yet. Authors will compete for this service much in the same way that they have done in the past for high publishing advances. Whatever the big publishers do, short term licensing and a larger cut for authors will become the norm.
Sunday, July 11, 2010
SELF-PUBLISHING EBOOK SUCCESS STORIES
When Boyd Morrison’s thriller The Ark received 25 rejections of the heartbreaking type known as the ‘rave rejection’, he decided to publish as an ebook. He tells the Huffington Post what happened next.
After hearing about thriller writer J A Konrath’s ongoing ebook success story, comes the news that Karen McQuestion’s novel A Scattered Life has become the first self-published ebook to be optioned for a Hollywood film. To date, Karen has sold 36,000 ebooks on Amazon Kindle.
Whilst we wait for the UK online stores to catch up, UK authors can sell their ebooks for $$ on Amazon Digital. We can confirm the system works very well – this morning blackbirdebooks received its first cheque for digital sales, sorry, check, from the Wells Fargo Bank, Seattle! However, sadly the new 70% royalty is only for US authors, the rest of the world has to make do with 35%. The UK self-publishing site Lulu now does ebooks and pays 80%, so worth getting onto as well. Both platforms are free.
After hearing about thriller writer J A Konrath’s ongoing ebook success story, comes the news that Karen McQuestion’s novel A Scattered Life has become the first self-published ebook to be optioned for a Hollywood film. To date, Karen has sold 36,000 ebooks on Amazon Kindle.
Whilst we wait for the UK online stores to catch up, UK authors can sell their ebooks for $$ on Amazon Digital. We can confirm the system works very well – this morning blackbirdebooks received its first cheque for digital sales, sorry, check, from the Wells Fargo Bank, Seattle! However, sadly the new 70% royalty is only for US authors, the rest of the world has to make do with 35%. The UK self-publishing site Lulu now does ebooks and pays 80%, so worth getting onto as well. Both platforms are free.
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