Monday, February 20, 2012

Hines on Amazon Pricing

There's an informative post from Jim C. Hines regarding Amazon's control of self-published ebook titles. They changed his price without telling him, and with no explanation of why.

They can do that, you know...

You can read about his experience HERE.

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2 Comments:

Blogger Dan said...

Oh, the comments on that article are just a joy. Especially the comments from other self-published authors, who seem to have no problem with it. I can't understand why anyone would be okay with Amazon messing with their prices when it affects their royalties.
Here's what I don't understand: he said that they put his book on sale, but their TOS states that he will be paid royalties based on the list price of the book, which he wasn't. Even if they altered their TOS to change that, wouldn't any sales from the previous TOS have to be honored under the original terms? I mean, if your publisher changed its royalty structure, they can't say, "By the way, those five thousand books you sold last month before we changed your royalties, well, they're under the new royalty structure too," can they?

6:25 PM  
Blogger David Anthony Durham said...

Ah... I'm not sure what they can do.

I guess Jim's point is basically that Amazon can do what they want to at this point. He's fine with that so long as it does benefit readers and authors. What's worrisome is the power they have when they chose to do things that don't benefit us.

4:33 AM  

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