Monday, July 12, 2010

UK Society of Authors Head Calls for 50% eRoyalties

According to the guardian.co.uk, Tom Holland, head of the UK's Society of Authors, says 25% author royalties on eBooks are bogus, and 50% is more the number. He's right. What he's wrong about, I think, is to say that 25% is ok for a couple of years going forward, while publishers continue their investment in "digital infrastructure," whatever that is. I don't have a clue. e-publishing calls for the dismantling and abandonment of infrastructure (warehouses, deals with distributors to brick and mortar franchises, etc.) And that's not expensive to do.