One of my pet peeves as a publishing professional: the author’s 70% share on KDP is not a ‘royalty.’ It’s the author-publisher’s share. Royalties are paid when rights are taken by a publisher and that content is then sold through vendors. KDP isn’t licensing rights and creating an end-product to sell, it’s just selling end-product. The use of the term ‘royalty’ muddles the reality of the relationship between an author and the vendor. Self-publishing is a solid path to publication now, but let’s be clear what KDP, Nook Press and other vendors are: vendors.
When you’re a publisher, you come to terms with vendors – how they’ll sell your product, what discount they get (which then informs their margin), whether they can return the product, and so on.
Signing a KDP/Nook Press/etc. deal is signing with a vendor. The thing is that KDP and other vendors that court self-publishers hold a vast amount of power compared to individual small business of self-publishers, so those vendors feel empowered to dictate terms, and are unlikely to negotiate those terms. These vendors depend on volume of sales across a range of agreements rather than on securing a distribution agreement with any specific author (though I imagine they might care more about signing up each new Hugh Howey or Sylvia Day book, or the like).
Lots of people are talking about that report, but since I’m not a statistician and I don’t have access to Amazon’s actual sales numbers, I’m going to talk about something I *do* know about, and that’s rapid release schedules in genre publishing.
Prompted by this New York Times article, I wanted to talk about my observations about reader impatience, quick-to-market releases, and market saturation. Rapid release has been going on in genre publishing for quite some time. The romance category has numerous authors who write incredibly quickly, keeping their names fresh. In SF/F, we have our prolific authors as well. Seanan McGuire, Chuck Wendig, and more. Angry Robot and several other small/medium publishers have shorter production windows, meaning that the time from acquiring the book to releasing it is less, sometimes much less, than the 12-15 months you might see at other times. Continue reading →
Continuing on the thread of talking about the business side of publishing, I wanted to spend today talking about digital distribution, both generally and more specifically.
Ebooks are really new as far as the publishing business is concerned. They’ve been around longer than they’ve been important, and now that they’re important, things have been changing very quickly. Ebooks have gone from 19% of Unit Sales in Science Fiction in 2010 to around 43% by latest reports (my ‘now’ data is from early 2013).
And these days, we don’t just read ebooks on e-ink readers or on our computers. We have tablets and mobile phones. I still prefer to read physical books when I can, but I’ve gotten great use out of my e-ink reader, thanks to the fact that it doesn’t contribute as much to eye strain (I spend a *lot* of time looking at glowing screens).
Oyster is a ebook service that’s trying to apply the Netflix model to books. For a monthly subscription rate of $9.95, members can read an unlimited selection of the ebooks Oyster has in their library on iPhone and iPad. The selection is currently limited, but only in the way that Netflix’s selection was limited when it Continue reading →
When do we draw the line in Amazon’s publishing war? Who really suffers from the battle? And why is Faith so important in science fiction? Is Faith necessary for realistic SFF? These questions are our focus for this discussion episode. If you have any opinions on these topics, leave a comment!
We hope you enjoy the episode!
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It’s time to talk about eBooks, some of our good zombie friends, Suzanne Collins, and the new Battleship movie. Yes, you heard that right. There is going to be a Battleship movie, and it’s going to be a scifi flick. Listen to the show to find out how…
So tune in and enjoy!
This week’s tagline was created by my dear friend Kelsey (known as Mercy on Young Writers Online). Thanks, Kelsey!
Question of the Week: We’re changing it up a little bit. This week we have a question, but we’re giving it to you via a poll.
If you’d like to give a more detailed answer to the question, you can email it to skiffyandfanty [at] gmail [dot] com or send us a voicemail at 206-203-1686! You can also leave a comment here or follow us on twitter. We’d love to hear your creative responses!