A little bird told me that Harlequin is now offering 6% royalties on e-Books. Apparently, this is non-negotiable.
The typical royalty rate for other e-publishers? 30-50%.
Now, I’m wondering: why the discrepancy? Also: is the royalty rate for books that are offered both in paper and e-book format, or is it the rate for books that are going to be offered primarily as e-books, a la Ellora’s Cave? If the former, 6% would be pretty typical for paperback books, but if the lattter—well, that’s pretty Scrooge-a-riffic.
Anyone willing to skool Candy yet again on what’s going on? A lesson on the intricacies of the royalty system would be appreciated too, by the way. I only have the vaguest idea of what’s going on here, but I’d love to know more.