David Streitfeld of the New York Times has now cemented himself as the blabbering mouthpiece for the New York publishing cartel, and while he is making a fool of himself for those in the know, he is a dangerous man for the impression he makes on his unsuspecting readers.
How am I bashing Amazon? I'm guessing you just read the first line or two? Really asking.
The only bashing I see is from the usual suspects and aimed at me. Thinly veiled, of course.
[A KU author gets] $1.30-ish for a borrow. A $9.99 ebook borrowed from a trad publisher, meanwhile, will pay 70%, which comes to $6.99. It’s worth pointing out here that the trad-pubbed author of that ebook will only receive around $1.48 for that same borrow of a $9.99 ebook.
indies aren’t just treated like second class citizens by Amazon — self-published authors treat Amazon’s customers like second class citizens.
Of course, it will be impossible to prevent abuses by the untoward and impossible to agree on metrics of quality (an exercise that I abhor). But now we can ask again whether Amazon should pay indies — as a whole — the same way they pay trad publishers. ... do I think indies as a whole should get paid the same as trad publishers as a whole? I do not.
Thanks for reading,