Wednesday, 3 September 2014

HarperCollins raises royalties for authors when it sells their e-books through website

According to The Bookseller, HarperCollins will pay higher royalties to authors for e-books it sells directly through its website, compared to those payed for e-books sold through Amazon and other retailers. This makes sense only as way of incentivizing authors to direct readers to HarperCollins' website, e.g. when promoting their e-books on blogs.
HarperCollins unveiled its new site last week, which features a direct-to-consumer function, allowing visitors to the site to download e-books to read through a free HarperCollins app. The publisher also plans to make print books available for sale later in the year. At the moment, people looking for print books are given links to other retailers, including Amazon, Waterstones and W H Smith. 
The publisher has confirmed that authors will earn more through direct e-books sales through the site. A spokesperson said: "I can confirm that authors' net royalty is higher on e-books sold through our website because we don't have to share a commission with a third party." 
However, HarperCollins would not say what the exact rate was.

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