HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Amazon to Cut E-Book Pric... » Reply #103

Response to onehandle (Reply #3)

Thu Apr 12, 2012, 08:14 PM

103. What people forget or don't realize is

that Amazon has single-handedly saved many authors from losing their livelihoods. The Big 6 publishing companies pay authors 17.5% of each ebook sale, taking the lion's share of the profit for themselves. During the economic crunch, many midlist authors (think mystery and thriller writers) were let go by the publishers so that they (the publishers) could continue to pay their staffs and promote the big name authors.

Many authors found themselves unable to make a living (although most authors have day jobs) until Amazon offered them a doorway, and a chance to not only re-publish their backlists, but self-publish new work. This has been a boon to many authors I know, because Amazon pays 70% royalties on their ebooks.

That's 70%. And the AUTHORS set the price of their books based on guidelines set by Amazon. And many of them have been able to quit their day jobs, thanks to Amazon.

As a result, self-publishing authors are now taking the lion's share of the profits and are able to actually make a living doing what they do best.

All Amazon has done is remove the middle man. The big 6 are bitching and moaning because they have a dying industry and they're doing everything they can to keep themselves relevant and pumping up prices so that they can maintain their Manhattan office suites and staffs.

Books are vastly overpriced because there's a middle man who needs to be paid. Eliminate the middle man and both readers and authors benefit.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 165 replies Author Time Post
onehandle Apr 2012 OP
naaman fletcher Apr 2012 #1
onehandle Apr 2012 #3
naaman fletcher Apr 2012 #4
rebecca_herman Apr 2012 #70
naaman fletcher Apr 2012 #71
rebecca_herman Apr 2012 #73
TreasonousBastard Apr 2012 #10
joshcryer Apr 2012 #41
russspeakeasy Apr 2012 #20
joshcryer Apr 2012 #44
onehandle Apr 2012 #84
joshcryer Apr 2012 #85
Vehl Apr 2012 #162
joshcryer Apr 2012 #163
Vehl Apr 2012 #164
2ndAmForComputers Apr 2012 #67
IndyJones Apr 2012 #105
LineLineLineReply What people forget or don't realize is
WeekendWarrior Apr 2012 #103
rebecca_herman Apr 2012 #117
WeekendWarrior Apr 2012 #121
rebecca_herman Apr 2012 #124
WeekendWarrior Apr 2012 #128
rebecca_herman Apr 2012 #129
WeekendWarrior Apr 2012 #130
rebecca_herman Apr 2012 #131
WeekendWarrior Apr 2012 #132
rebecca_herman Apr 2012 #133
WeekendWarrior Apr 2012 #134
Vehl Apr 2012 #161
ejpoeta Apr 2012 #2
onehandle Apr 2012 #6
ProfessionalLeftist Apr 2012 #11
RainDog Apr 2012 #140
Egalitarian Thug Apr 2012 #145
GodlessBiker Apr 2012 #5
obxhead Apr 2012 #7
onehandle Apr 2012 #8
groundloop Apr 2012 #13
ProgressiveProfessor Apr 2012 #15
naaman fletcher Apr 2012 #26
TiberiusB Apr 2012 #43
naaman fletcher Apr 2012 #49
TiberiusB Apr 2012 #159
joshcryer Apr 2012 #93
TiberiusB Apr 2012 #158
joshcryer Apr 2012 #160
WeekendWarrior Apr 2012 #123
joshcryer Apr 2012 #45
naaman fletcher Apr 2012 #51
joshcryer Apr 2012 #52
sofa king Apr 2012 #12
ProgressiveProfessor Apr 2012 #16
obxhead Apr 2012 #21
sofa king Apr 2012 #109
joshcryer Apr 2012 #46
sofa king Apr 2012 #107
CRK7376 Apr 2012 #18
obamanut2012 Apr 2012 #19
goclark Apr 2012 #25
obamanut2012 Apr 2012 #53
pscot Apr 2012 #32
obxhead Apr 2012 #22
apnu Apr 2012 #65
Orrex Apr 2012 #9
ProgressiveProfessor Apr 2012 #14
wyldwolf Apr 2012 #17
joshcryer Apr 2012 #54
apnu Apr 2012 #78
joshcryer Apr 2012 #79
savalez Apr 2012 #90
MelissaMSmith Apr 2012 #23
naaman fletcher Apr 2012 #27
MelissaMSmith Apr 2012 #29
naaman fletcher Apr 2012 #30
MelissaMSmith Apr 2012 #34
naaman fletcher Apr 2012 #35
WeekendWarrior Apr 2012 #112
uppityperson Apr 2012 #56
Snake Alchemist Apr 2012 #60
naaman fletcher Apr 2012 #63
uppityperson Apr 2012 #68
Odin2005 Apr 2012 #74
naaman fletcher Apr 2012 #83
uppityperson Apr 2012 #95
naaman fletcher Apr 2012 #97
uppityperson Apr 2012 #98
naaman fletcher Apr 2012 #99
uppityperson Apr 2012 #100
naaman fletcher Apr 2012 #102
naaman fletcher Apr 2012 #31
uppityperson Apr 2012 #57
TiberiusB Apr 2012 #66
naaman fletcher Apr 2012 #69
kentauros Apr 2012 #101
Fumesucker Apr 2012 #106
kentauros Apr 2012 #108
Fumesucker Apr 2012 #111
kentauros Apr 2012 #113
Fumesucker Apr 2012 #115
kentauros Apr 2012 #116
joshcryer Apr 2012 #141
Fumesucker Apr 2012 #149
joshcryer Apr 2012 #150
Fumesucker Apr 2012 #152
flamingdem Apr 2012 #28
onehandle Apr 2012 #33
joshcryer Apr 2012 #47
goclark Apr 2012 #24
naaman fletcher Apr 2012 #37
saras Apr 2012 #36
naaman fletcher Apr 2012 #38
Bradical79 Apr 2012 #61
naaman fletcher Apr 2012 #62
onehandle Apr 2012 #39
enlightenment Apr 2012 #42
joshcryer Apr 2012 #48
naaman fletcher Apr 2012 #64
MelissaMSmith Apr 2012 #91
naaman fletcher Apr 2012 #92
mainer Apr 2012 #76
joshcryer Apr 2012 #81
onehandle Apr 2012 #88
joshcryer Apr 2012 #89
Snake Alchemist Apr 2012 #59
joshcryer Apr 2012 #80
Snake Alchemist Apr 2012 #82
joshcryer Apr 2012 #86
Snake Alchemist Apr 2012 #87
Odin2005 Apr 2012 #75
mainer Apr 2012 #40
joshcryer Apr 2012 #50
greyl Apr 2012 #104
mainer Apr 2012 #137
joshcryer Apr 2012 #139
mainer Apr 2012 #144
joshcryer Apr 2012 #147
mainer Apr 2012 #154
joshcryer Apr 2012 #155
mainer Apr 2012 #156
kentauros Apr 2012 #148
joshcryer Apr 2012 #151
kentauros Apr 2012 #157
Snake Alchemist Apr 2012 #55
patrice Apr 2012 #58
Odin2005 Apr 2012 #72
mainer Apr 2012 #77
sendero Apr 2012 #94
lanlady Apr 2012 #96
They_Live Apr 2012 #110
kentauros Apr 2012 #114
RainDog Apr 2012 #142
mainer Apr 2012 #118
joshcryer Apr 2012 #127
mainer Apr 2012 #119
Kurska Apr 2012 #120
Marooned Apr 2012 #122
joshcryer Apr 2012 #126
mainer Apr 2012 #136
joshcryer Apr 2012 #138
mainer Apr 2012 #143
joshcryer Apr 2012 #146
PavePusher Apr 2012 #125
mainer Apr 2012 #135
polichick Apr 2012 #153
RainDog Apr 2012 #165
Please login to view edit histories.