News: Ebooks can now make more money for Publishers!
There are some qualifiers to this edict:
- Customers should be able to read the title on all Kindle devices and applications.
- Customers can read the title in all geographies for which the publisher has rights.
While ebook growth in sales has been phenomenal (the report stated 180% for the year) the total market share works out to $120 Million, Q3 2010 (IDPF Website).
This is still just under 10% for a Publisher, but the profit per ebook going up will bring some additional focus on this channel for sales and promotions.
(More on that later)
Read on:(More on that later)
http://bookpublishingnews.blogspot.com/2010/11/amazon-announces-70-percent-revenue.html
Interesting. How does this compare to paper books. I don't know how much the author gets from those.
ReplyDeleteIn the UK we have to pay tax on ebooks, but not on paper books. I find that very strange too.
Wow, no tax on paper books???? I'm so jealous right now.
ReplyDeleteThe reason probably is that ebooks are 'electronic media' (like DVDs) and so get taxed under that bracket.
Hmm, this is really interesting, I might have to go read the article. I don't have an ereader yet, do yoU?
ReplyDelete