authors are being robbed by the publishers

Date: 2010-02-12 04:49 pm (UTC)
IMO this has always been the case... the creative person creates and the business person profits. Authors are willing to accept the same royalty percentage for an ebook as for a print book, because the publisher has the power in the relationship(distribution, advertising and a lock on the dead tree readers - which gives them leverage to get the electronic rights along with the print rights.) -

e-publishing will change that eventually but not until the majority of sales are electronic... at which point the traditional publishing house will lose thier leverage and either get on-board or get locked out of the e-marketplace.
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