Posts Tagged ‘book trailers’

January 28, 2010  by Cathy R.

“If there is no money in poetry, neither is there poetry in money.”    — Robert Graves

Writing friends…Our business changes all the time. On Wednesday, the long-awaited Apple iPad came out, with a starting list price of almost $500, which guarantees it won’t be a game changer in this writer’s life, at least not for a while. And last week, the online bookseller Amazon made an important announcement: it will begin offering a 70% royalty to authors willing to publish with them in digital text format for Kindle. That means authors, once they accept the terms of this offer, could receive more for their books than they might through physical books sales. For example, a typical $8.99 book would pay an author $3.15 under the standard system, but $6.25 under the new 70 percent scheme.

Some say this announcement is good news for self-publishers and small presses because it allows authors to cut out the middleman and go directly to their audience, much the same way that technology paved the way for independent music labels to connect musicians directly with their fans/listeners. (Of course, going forward, writers will really have to understand fine print and copyright laws, editing and marketing, if they’ll be working without that extra level of assistance.) Many in the book world are not pleased with this new course of events. To read more click here: http://www.businessinsider.com/henry-blodget-amazon-fires-torpedo-at-book-industry-launches-70-kindle-royalty-option-2010-1 Or here:  http://sfwriter.com/2010/01/amazons-70-royalty.html

Writing challenge set . . .  (more…)


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