Waiting for a Fair E-book Split - David to Goliath: Keep the Advance
Via oreillyradar:
I imagine more and more authors will start seeing things as Terrill Lee Lankford does:
While this deal would have given us a quick infusion of cash, by the time that book “earned out” at a rate of three to one in the publisher’s favor in e-book sales, the publisher would have reaped a small fortune, far more than the time and money it would have invested in the project. From that point on, the split would have seemed even more ridiculous. I see it as a permanent 75% tax on a piece of work that generates income with almost no expense after the initial development and setup charges. This deal could haunt my family long after I was gone.