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Electonista is reporting that amazon is now retaliating against Penguin Books (which includes DAW, my publisher) since Penguin has stopped providing amazon with e-books in the continuing dispute over the pricing of the same.
What amazon has done is to slash the price of Penguin hardcover books to close to the price of the Kindle editions -- a move that electronista is saying will cost Penguin (and presumably, Penguin's authors as well). My books seem to be among those affected: I note that A MAGIC OF DAWN, released in hardcover last month, is priced right now at $11.69. So hey, if you want DAWN cheaply, now's the time to grab it! The hardcovers for A MAGIC OF NIGHTFALL (book 2 of the Nessantico Cycle) and A MAGIC OF TWILIGHT (book 1) remain at $18.96.
Once again, we'll see how this corporate power play works for amazon. Amazon's removal of MacMillan titles seems to have been a fiasco. I somehow doubt that Penguin's going to cave, either.
What amazon has done is to slash the price of Penguin hardcover books to close to the price of the Kindle editions -- a move that electronista is saying will cost Penguin (and presumably, Penguin's authors as well). My books seem to be among those affected: I note that A MAGIC OF DAWN, released in hardcover last month, is priced right now at $11.69. So hey, if you want DAWN cheaply, now's the time to grab it! The hardcovers for A MAGIC OF NIGHTFALL (book 2 of the Nessantico Cycle) and A MAGIC OF TWILIGHT (book 1) remain at $18.96.
Once again, we'll see how this corporate power play works for amazon. Amazon's removal of MacMillan titles seems to have been a fiasco. I somehow doubt that Penguin's going to cave, either.
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How much a writer is paid is tied directly to the contract that writer's signed, so it may well be different for different writers (and even different books by the same writer). The blanket answer is that in most cases, the royalty percentage a writer receives is indeed based on cover price, not sale price -- which is the case for the vast majority of books that go through the usual distribution channels.
But... a publisher can decide to sell books to a wholesaler or distributor for *more* than the usual discount, and that generally causes another royalty clause to come into effect, where the royalties paid to the author are *not* based on cover price. It may instead be based on the sale price, or on the net profit to the publisher. Remaindered books are a good example: there, the writer isn't getting the usual percentage of the list cover price, but something far, far less.