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by dotBen
5730 days ago
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Also the authors are still getting scammed by the industry and only see a tiny fraction of what the buyer pays. This is not it. My partner is an author with a mainstream publisher and actually, Kindle offers a lot of opportunity for writers to publish independently and make more $$$. An indie publisher can take take 75% of the profits from their Kindle sales. If Kindle as a format takes off then it removes the power of the publisher who is suddenly doing less and less (no need to print paper or deal with distribution contracts). With lower overheads she can afford to sell her books at a lower price point (to your point on reduced e-pricing) and still make more than her traditional sales. She agonizes over the DRM however, which I think is still hurting this area. She also sells PDF's but the issue then is the lack of distribution as you can't sell PDFs on Amazon obviously. It will get better over time, however - like iTunes went mp3 in the end. |
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http://news.cnet.com/8301-19882_3-10439335-250.html
And iTunes didn't go mp3, they just dropped DRM. It's still mp4.