The real issue with piracy is a hot topic this week, it seems.
Forbes published an article just yesterday which reported that pirating camcorder copies of the hit movie The Avengers which debuted last week didn’t seem to hurt moviegoer numbers any. They maintain that the movie-going experience is one that very few people compromise on for the big ones such as The Avengers.
I had a discussion with classmates and an course facilitator a few weeks ago on the issue that Forbes highlighted too: piracy of movies and music is not just about stealing what is available
In the traditional publishing model authors can get paid in two ways, either a flat fee (a onetime lump sum) or on a percentage, or royalty, of each book sold. Then there is the increasing popularity of self-publishing. Here we’ll outline the differences.
When working with a publisher each contract will vary but there are common practices in the industry. Typically royalties for hardcover books are about 10% while 6%-8% can be expected for paperback. A new trend emerging is for publishers to pay authors based on net rather than the retail price of the book. A