aurizon writes "I have looked at the bricks and mortar model, and when I analyze it, I see that the author get about 5% of the wholesale price. Some might get a higher rate if they are popular and sell millions of copies.
As an example, a $20.00 book is wholesaled at $10 and the writer gets, say 5% or 50 cents of that.
The rest of the money goes to paper, freight, sorting, remainders etc, and the publisher might make 5-10% or 50 cents to $1.
I say trash the paper model totally, and give the author $1 and the publisher 50 cents. A payment fee for a website with Visa/MC/Paypal/etc of 50 cents makes the buyer's cost $2.-$2.50
This gives the author half the royalty, and the publisher the other half and the sale site 50 cents
I feel this would reduce piracy and encourage sales. sadly, the first e-books sales seem to cling to the classical retail, yet still give the writer 5-10% or so, and then give the publisher a huge 90-95%
In fact, I go further, who needs publishers AT ALL. They used to control the gateway, not any more.
the authors can easily get online copy editors to read and correct their work, and most now create ACSII text = easy for e-books"