Saturday, August 06, 2011
Books for a song
William Skidelsky writes of his surprise that hardbacks cost very little more to produce than paperbacks, since, it turns out according to a new book by American author Robert Levine, the biggest cost to a publisher in publishing a book is often the fee paid to an author and the marketing expense, that of letting the world know about it - a cost which shouldn't differ according to the format, whether hardback, paperback or ebook. Yet, he points out, Amazon, cushioned by ownership of the Kindle, have driven down the price of e-books to the extent that all publishers have had to accept that ebooks should now be cheaper than traditional formats. As someone pointed out recently - I'm afraid I don't remember where - at this rate authors will soon be writing for nothing, if they're not already doing so!