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	<title>Comments on: Mo&#8217; Money &#8211; Amazon&#8217;s New Royalty Scheme For Authors and the Kindle</title>
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	<description>At the crossroads of Media, Culture and Technology</description>
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		<title>By: Katy Balatero</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4783</link>
		<dc:creator>Katy Balatero</dc:creator>
		<pubDate>Fri, 05 Mar 2010 22:55:16 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4783</guid>
		<description>Jeremy -- no offense taken. :-) I am not actually trying to get a book published myself. However, my grandmother is probably going to self-publish a book that is based on three years of weekly articles she has written for her local newspaper, so I guess her situation was at the top of my mind. 

This new avenue for income might be a good option not just for unknown authors, but for authors like her that are marketing more to a niche audience. The traditional book publishing industry is not so friendly to niche offerings because they must sell a certain amount of copies to break even with publishing expenses -- so books with mainstream appeal fare better.</description>
		<content:encoded><![CDATA[<p>Jeremy &#8212; no offense taken. <img src='http://flipthemedia.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' />  I am not actually trying to get a book published myself. However, my grandmother is probably going to self-publish a book that is based on three years of weekly articles she has written for her local newspaper, so I guess her situation was at the top of my mind. </p>
<p>This new avenue for income might be a good option not just for unknown authors, but for authors like her that are marketing more to a niche audience. The traditional book publishing industry is not so friendly to niche offerings because they must sell a certain amount of copies to break even with publishing expenses &#8212; so books with mainstream appeal fare better.</p>
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		<title>By: Nicole Siegel</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4781</link>
		<dc:creator>Nicole Siegel</dc:creator>
		<pubDate>Fri, 05 Mar 2010 20:47:21 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4781</guid>
		<description>First of all, thanks for the Kindle recommendation, Jeff.  I purchased one for my boyfriend for his birthday (ok, secretly, I bought it for me too), and we love it!  I honestly never had a huge desire for one and didn’t quite understand the hype.  For convenience alone, the Kindle is a winner (especially when traveling).  That in conjunction with the myriad of features that facilitate the reading process will make it difficult for me to go back to “real” books!

I think that the new royalty scheme will definitely benefit the less known author.  I can only imagine how hard it is to get represented by a publishing company, so this concept will open the door for those writers who want to get their works exposed.  With that said, we’ll likely see a huge increase in “junk” so hopefully, Amazon will have the resources available to filter content and maintain an enjoyable Kindle experience.

As for the concept of “free” in the context of the Kindle – I do believe that giving away content for free is a stepping stone to more purchases down the road.  I have several songs in my iTunes library that stemmed from earlier “free” downloads.   After listening to my “free” songs, at least for the ones I liked, I had no issue paying for additional songs by the same artists.  There are a lot of awful free songs offered as well, and to those, I simply ignore and move on to the next ones I like.  My guess is that the same model will work with free books.  To those readers who want to stick with their favorite authors, they can go directly to their selection and pay the price.  For more indecisive readers, the free option will give them the chance to experiment and see what they like, penalty free.</description>
		<content:encoded><![CDATA[<p>First of all, thanks for the Kindle recommendation, Jeff.  I purchased one for my boyfriend for his birthday (ok, secretly, I bought it for me too), and we love it!  I honestly never had a huge desire for one and didn’t quite understand the hype.  For convenience alone, the Kindle is a winner (especially when traveling).  That in conjunction with the myriad of features that facilitate the reading process will make it difficult for me to go back to “real” books!</p>
<p>I think that the new royalty scheme will definitely benefit the less known author.  I can only imagine how hard it is to get represented by a publishing company, so this concept will open the door for those writers who want to get their works exposed.  With that said, we’ll likely see a huge increase in “junk” so hopefully, Amazon will have the resources available to filter content and maintain an enjoyable Kindle experience.</p>
<p>As for the concept of “free” in the context of the Kindle – I do believe that giving away content for free is a stepping stone to more purchases down the road.  I have several songs in my iTunes library that stemmed from earlier “free” downloads.   After listening to my “free” songs, at least for the ones I liked, I had no issue paying for additional songs by the same artists.  There are a lot of awful free songs offered as well, and to those, I simply ignore and move on to the next ones I like.  My guess is that the same model will work with free books.  To those readers who want to stick with their favorite authors, they can go directly to their selection and pay the price.  For more indecisive readers, the free option will give them the chance to experiment and see what they like, penalty free.</p>
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		<title>By: Katherine Turner</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4772</link>
		<dc:creator>Katherine Turner</dc:creator>
		<pubDate>Thu, 04 Mar 2010 22:05:25 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4772</guid>
		<description>This was a very interesting article and string of comments. Agreeing with Katy, it&#039;s extremely hard for aspiring authors to get their first book published. Amazon&#039;s 70% royalty fee may be the perfect opportunity for these authors to get their names out there. While it won&#039;t replicate the prestige of having a publisher select and print your book, it could be the tipping point these authors need for editors and publishers to even consider their work. Agreeing with LailaKaz, I don&#039;t see authors leaving their publishers for the Kindle- I see authors using this to try to jumpstart a career (those who haven&#039;t yet been published, and have been trying, and trying, and trying).

I also consider it somewhat admirable of Amazon to up their author royalties. Even if it is for selfish reasons of the company, it shows a sign of respect for content creators. Jeremy said it might lead to a slew of &quot;sucky&quot; work being published online, and I could see this happening but I agree that they should implement some sort of filtering and rating system to balance it out. 

A rating system for new authors would be especially helpful as well as successful if applied to work being offered free of cost. More people would be willing to try out a new author if they didn&#039;t have to pay anything, that&#039;s why the &quot;free&quot; model works, and therefor more people might be willing to submit a rating to help other e-book readers sort through it all.</description>
		<content:encoded><![CDATA[<p>This was a very interesting article and string of comments. Agreeing with Katy, it&#8217;s extremely hard for aspiring authors to get their first book published. Amazon&#8217;s 70% royalty fee may be the perfect opportunity for these authors to get their names out there. While it won&#8217;t replicate the prestige of having a publisher select and print your book, it could be the tipping point these authors need for editors and publishers to even consider their work. Agreeing with LailaKaz, I don&#8217;t see authors leaving their publishers for the Kindle- I see authors using this to try to jumpstart a career (those who haven&#8217;t yet been published, and have been trying, and trying, and trying).</p>
<p>I also consider it somewhat admirable of Amazon to up their author royalties. Even if it is for selfish reasons of the company, it shows a sign of respect for content creators. Jeremy said it might lead to a slew of &#8220;sucky&#8221; work being published online, and I could see this happening but I agree that they should implement some sort of filtering and rating system to balance it out. </p>
<p>A rating system for new authors would be especially helpful as well as successful if applied to work being offered free of cost. More people would be willing to try out a new author if they didn&#8217;t have to pay anything, that&#8217;s why the &#8220;free&#8221; model works, and therefor more people might be willing to submit a rating to help other e-book readers sort through it all.</p>
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		<title>By: Jeremy</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4767</link>
		<dc:creator>Jeremy</dc:creator>
		<pubDate>Thu, 04 Mar 2010 02:13:20 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4767</guid>
		<description>Interesting.  So would you be interested in this option, Katy, or are you going to hold out for a publisher?

(Separate thought from the previous question to Katy. No offense intended!)

This opportunity sounds like it will inflate the Amazon offering (like it needs it), but I wonder how much of that will be books that _didn&#039;t_ get a publisher for a good reason (i.e. they suck).  Hopefully they&#039;ve learned from 5 years of UGC and have tools for filtering and rating content.  It would be painful to have to sort through something akin to YouTube on the Kindle. 

With my iPhone (iPod touch) and the Kindle App, I make targeted purchases for favorite authors.  I don&#039;t use it to browse much.  A bloated catalog would scare me away.</description>
		<content:encoded><![CDATA[<p>Interesting.  So would you be interested in this option, Katy, or are you going to hold out for a publisher?</p>
<p>(Separate thought from the previous question to Katy. No offense intended!)</p>
<p>This opportunity sounds like it will inflate the Amazon offering (like it needs it), but I wonder how much of that will be books that _didn&#8217;t_ get a publisher for a good reason (i.e. they suck).  Hopefully they&#8217;ve learned from 5 years of UGC and have tools for filtering and rating content.  It would be painful to have to sort through something akin to YouTube on the Kindle. </p>
<p>With my iPhone (iPod touch) and the Kindle App, I make targeted purchases for favorite authors.  I don&#8217;t use it to browse much.  A bloated catalog would scare me away.</p>
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		<title>By: Katy Balatero</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4705</link>
		<dc:creator>Katy Balatero</dc:creator>
		<pubDate>Wed, 24 Feb 2010 00:40:26 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4705</guid>
		<description>As a new, unpublished author, it is extremely hard to get a book publisher to take on your project without an agent advocating for you -- and it is hard to get an agent without having been published before, leading to a catch-22 situation. 

I interned at a couple of Seattle book publishers and took the first crack at reading through the &quot;slush&quot; pile -- all of the unsolicited manuscripts that people would send in. I&#039;d write up my thoughts about them and pass them along to the acquiring editors, but it is a very rare occasion that an unsolicited manuscript is taken on for publication -- maybe once or twice in an editor&#039;s entire career.

I wonder if this new Amazon royalty scheme could provide supplementary income and a wider audience for those that are not supported by a book publisher and had planned on self-publishing their work.</description>
		<content:encoded><![CDATA[<p>As a new, unpublished author, it is extremely hard to get a book publisher to take on your project without an agent advocating for you &#8212; and it is hard to get an agent without having been published before, leading to a catch-22 situation. </p>
<p>I interned at a couple of Seattle book publishers and took the first crack at reading through the &#8220;slush&#8221; pile &#8212; all of the unsolicited manuscripts that people would send in. I&#8217;d write up my thoughts about them and pass them along to the acquiring editors, but it is a very rare occasion that an unsolicited manuscript is taken on for publication &#8212; maybe once or twice in an editor&#8217;s entire career.</p>
<p>I wonder if this new Amazon royalty scheme could provide supplementary income and a wider audience for those that are not supported by a book publisher and had planned on self-publishing their work.</p>
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		<title>By: lailakaz</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4599</link>
		<dc:creator>lailakaz</dc:creator>
		<pubDate>Thu, 04 Feb 2010 19:56:10 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4599</guid>
		<description>Good article, Jeff! It has been interesting to watch the whole current Amazon-Macmillan dispute over ebook pricing, despite the higher royalty annoucement. 

I don&#039;t see authors giving up their publishers any time soon to go publish directly with Amazon. I don&#039;t think that we are at a point where having your book out just in ebook form is the same as having an actual physical book published and distributed... Can ebooks replace the joy of seeing your book in print, on bookstore displays, in people&#039;s hands?</description>
		<content:encoded><![CDATA[<p>Good article, Jeff! It has been interesting to watch the whole current Amazon-Macmillan dispute over ebook pricing, despite the higher royalty annoucement. </p>
<p>I don&#8217;t see authors giving up their publishers any time soon to go publish directly with Amazon. I don&#8217;t think that we are at a point where having your book out just in ebook form is the same as having an actual physical book published and distributed&#8230; Can ebooks replace the joy of seeing your book in print, on bookstore displays, in people&#8217;s hands?</p>
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		<title>By: Jeremy</title>
		<link>http://flipthemedia.com/index.php/2010/01/mo-money-amazons-new-royalty-scheme-for-authors-and-the-kindle/comment-page-1/#comment-4597</link>
		<dc:creator>Jeremy</dc:creator>
		<pubDate>Wed, 03 Feb 2010 20:38:20 +0000</pubDate>
		<guid isPermaLink="false">http://flipthemedia.com/?p=4359#comment-4597</guid>
		<description>I see very similar tracks here to the games industry. Moving to digital distribution empowered the &quot;little guys&quot; (developers) to access potent distribution channels directly, without the need of a big publisher as the intermediary.  Of course, retail is still a prime revenue generator but with the ability to drive higher ARPU and engage in a 2nd generation relationship with your customer rather than 3rd, it still is a very enticing proposition.

I don&#039;t see 70% lasting over time, though.  MSFT started there on XBLA games, but a couple years in dropped it to 35%.  Certainly builds the critical mass to bootstrap your platform well beyond the competition to start, however.</description>
		<content:encoded><![CDATA[<p>I see very similar tracks here to the games industry. Moving to digital distribution empowered the &#8220;little guys&#8221; (developers) to access potent distribution channels directly, without the need of a big publisher as the intermediary.  Of course, retail is still a prime revenue generator but with the ability to drive higher ARPU and engage in a 2nd generation relationship with your customer rather than 3rd, it still is a very enticing proposition.</p>
<p>I don&#8217;t see 70% lasting over time, though.  MSFT started there on XBLA games, but a couple years in dropped it to 35%.  Certainly builds the critical mass to bootstrap your platform well beyond the competition to start, however.</p>
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