Re: consequences of shift to ebooks

"Kent Larsen" <kent-bvea5+VdNl1Wk0Htik3J/[email protected]>
Newsgroups gmane.culture.literature.ebook-community
Message-ID <[email protected]>
--- In [email protected], "Tony Burton" <beirdd@...> wrote:
>
> --- In [email protected], "Kent S. Larsen II" <kent@>
wrote:
> >
> >
> > If the price goes down, then the author gets less.
> > 
> > But, in the US, how often do prices go down?
> 
> In the bookselling world, every day.  It's called overstock and
remainders, and it's usually 
> for pennies on the dollar.  I've presented at a couple of the
biggest book shows in the 
> world that focus on the overstocks and remainders market, and
believe me, prices go 
> down.
> 

Apparently, I'm being nitpicked to death on this one.

I meant:

in the US, how often does a book's LIST PRICE go down?

Most of a book's royalties come from a calcuation that originates on
its list or cover price. Overstock and remainders are one of those
exceptions that are generally handled separately in the author
contract. Because they almost always net the author nearly nothing,
they can safely be ignored for the purposes of the discussion I
replied to.

Now, can we get back to real issues, and not nit picks over whether or
not there are times when publishers sell at extreme discounts, like
overstocks and remainders?

Kent







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