Publisher raises Royalty rate for authors on eBook sales.

Publishers Weekly posts on publisher Other Press raising its author royalty on eBook sales from the industry 25% to a full 50% because they’re “an author-driven house.”

In other words, this publisher is scrambling to remain relevant in a marketplace that is rapidly removing middlemen from the exchange between author and reader. With offering authors a 70% royalty for direct eBook sales, well the writing is on the wall for publishers who want a cut…

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