InsideMobileApps InsideSocialGames 10,000 Words FishbowlNY FishbowlDC LostRemote TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Bret Easton Ellis on eBooks: “The Royalty Rate Is Actually Going to Be the Same, If Not More”

Via the video magic of Big Think, we asked novelist Bret Easton Ellis about digital books–learning about his iPad, eBook royalties, and the future of the novel.

Ellis explained why he bought an iPad: “[A] friend of mine showed me his iPad and how he was reading books on it, and how he bought more books once he had the iPad than he had ever bought that last six month on Amazon or going to a bookstore.”

He concluded: “the idea of a book costing not $25 anymore but $10 means you’re also wiping away a lot of the cost of making a book. You know, the printing, the shipping, et cetera. And so the royalty rates for authors are shifting as well. So it’s not as authors are necessarily going to lose money on their work in terms of people like buying to download them. The royalty rate is actually going to be the same, if not more, because they’re cutting out all those other costs.”

Read the complete transcript here.

Mediabistro Course

Content Marketing 101

Content Marketing 101Starting September 8, get hands-on content marketing training in Content Marketing 101! Through a series of webcasts, content and marketing experts will teach you the best practices for creating, distributing and measuring the results of your brand's content, including how to develop a content marketing plan, become a content marketer, and more. Register now!