Negotiating Ebook Royalties
A lot has changed in book contracts over the past decade or two. Most notably, ebook rights and royalties are now a big part of what gets negotiated. In fact, there are now contracts strictly for ebooks – in the case of ebook-only publishers, for instance.
In ebook contracts, as with any other book contracts, the main issues at stake boil down to three things:
1. How will the content be used by the publisher?
2. For how long?
3. How will the proceeds be divided?
While the going ebook royalty at big publishers is 25%, at smaller publishers it’s up in the air and needs to be negotiated. Same is true for the duration of the contract and so many other issues that are subject to fresh debate in the ebook era.
Read more on the six essential issues at stake in ebook contract negotiation.
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The rest of the day’s top news:
Curtis Brown Agency in UK Teams up With Kindle Direct Publishing (DBW)
The UK’s Curtis Brown Agency is teaming up with Kindle Direct Publishing to make over 200 titles available to U.S. readers as ebooks and print-on-demand books. The agency is getting what KDP calls its “White Glove” service.
Amazon’s Uneven Review Policy (New York Times)
In the few months since the moral bankruptcy of some of Amazon’s reviews came to light, the e-tailer has been doing much to stamp out fake and potentially illegitimate reviews. In the case of Amazon Publishing books, however, it may be treading more softly.
Amazon Sponsoring Amazon Awards (DBW)
Amazon Publishing will be replacing Penguin as the sponsor of its annual Breakthrough Novel Awards. The purse for the winners will also get fatter with the grand prize now a $50,000 advance – versus $15,000 last year.
Yes, We Are Controversial (PW)
After receiving some blowback on its choice of E.L. James as publishing person of the year, Publishers Weekly has issued a statement on the matter which served mostly to say, “yeah, we went there.”
Fighting Ebook Piracy (DBW)
One agency/ebook publisher has found a solution to illegal file-sharing that it says worked wonders for them.
Random Romance (DBW)
That is the name of the new digital-only romance imprint from Random House Australia.
Self-Published Best-Sellers (Forbes)
If self-published authors can hit the best-seller list, who needs a publisher? As the publishing industry well knows, it’s not nearly that simple.
Living in a Pre-Book World (Magellan Media)
What is a book? The definition is constantly shifting. We may now be living in a “pre-book world,” one in which books are one manifestation of complex sets of ideas that live in other formats simultaneously. Confused? Click.
Tweeting About Middle Earth (PW)
Likely due to the upcoming film, The Hobbit was the most-talked-about book on Twitter in Nov.
How Quitting Twitter Can Change Your Life (Adam Brault)
One of Twitter’s earliest users quit the site for the month of November and it changed his life. Ironically, we suppose, this is a very long read – but maybe worth it for passages like: “I used to believe that time was the most important thing I have, but I’ve come to believe differently. The single most valuable resource I have is uninterrupted thought.”
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