To me, this highlights not so much the complacency of editors, but the attitude of the publishing industry generally to electronic rights and the fair sharing of royalties.
It’s no wonder self-publishing is on an upward trend.
Editor: I’m excited to tell you we’re epublishing your new novel. Aren’t you thrilled?
Writer: I’m flattered. But there are still some things I don’t understand. I was hoping you’d make them clear for me.
Editor: Of course. I’m here for you. We’re partners now. Exciting times.
Writer: Yeah. Well, first of all, I’m trying to understand the royalty structure.
Editor: That’s boilerplate. You get 25% of the net sales receipts.
Writer: With the agency model, that means I earn 17.5% of the list price.
Editor: (beaming) Not bad, huh? If it was one of those old-fashioned paperback books, you’d only be earning 8%.
Writer: But paperbacks cost $7.99. You want to publish my ebook for $9.99.
Editor: We’ve determined that’s the best price.
Read more at jakonrath.blogspot.com