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Article: WILL RANDOM HOUSE MAKE THE E-BOOK VIABLE?
- Article from:
- Library Administrator's Digest
- Article date:
- December 1, 2005
- Author:
CopyrightCopyright BCPL Foundation Dec 2005. Provided by ProQuest LLC. (Hide copyright information)
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A recent (Nov. 28, Ο5) article in Business Week about the plans of Random House has this to say in the opening sentences: "The 80-year-old book publisher is pushing beyond the pulp-and-ink era into the digital age."
The article goes on to say that Random House has decided to offer its books directly to consumers on a pageper-view basis. Random house will get at least 4 cents a page and split that roughly in half with authors for fiction and narrative nonfiction titles.
Well, I figure that will be $14 for a 350-page book, of which the author will get $7. The present system of a 10 percent royalty to the author on a $29 book is about $3. So that's a lot better for the author. And for ...