A friend of mine who works in business publishing mentioned the concern about how little of the money charged per book is actually spent on the physical product -- and how much more of the cost per copy goes into paying for authors, images, and administration, at least at her house. I suspect that book pricing works differently over the different parts of the industry, and that's going to get skewed as the e-book market grows and develops, as well. I have the feeling that traditional trade houses are going to go toward the indie model I've seen with smaller advances and larger royalty percentages -- something I'm not thrilled about, considering my own experience with a similar contract! But you're right, the whole market is a brave new world, and we'll just have to hang on tight!
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timeasmymeasure
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Date: 2011-04-22 03:21 pm (UTC)A friend of mine who works in business publishing mentioned the concern about how little of the money charged per book is actually spent on the physical product -- and how much more of the cost per copy goes into paying for authors, images, and administration, at least at her house. I suspect that book pricing works differently over the different parts of the industry, and that's going to get skewed as the e-book market grows and develops, as well. I have the feeling that traditional trade houses are going to go toward the indie model I've seen with smaller advances and larger royalty percentages -- something I'm not thrilled about, considering my own experience with a similar contract! But you're right, the whole market is a brave new world, and we'll just have to hang on tight!