Tag Archives: amazon vs hatchette

My Thoughts on Amazon vs Hatchette

Since I’m scheduling this for Tuesday, this may have ended by then. But, regardless, I’m throwing my two cents out there.

 

As many of you may be aware, internet superstore Amazon.com is embroiled in a feud with publishing conglomerate Hatchette Book Group. This seems to be how Joe & Jane Average seem to be seeing things. You note that only two seem to be neutral? All the others, especially is you search Amazon vs Hatchette seem to call for boycotting of Amazon in favor of Barnes & Noble, and indy bookstores. Yeah, as if that would be a good idea.

 

As a currently unpublished author, I’m going to say this, “Boo-fucking-hoo.” So the multi-million dollar authors aren’t going to get a few pennies more on their tiny royalties. If the authors really cared about the readers, they’d say, “See ya,” to the traditionals, and self-publish. But they don’t care about that, they don’t like the idea of competition, and they don’t want to give up their guaranteed multi-million dollar contracts.

Folks seem to enjoy painting Amazon as the Big Bullies, and Hatchette Book Group as the Heroic Underdog fighting for the little guy. I say those roles are switched around. Amazon isn’t the bullies here, Hatchette is. They are the ones that want to jack up the price of the e-books. They aren’t fighting for their authors that are under contract. Consider: The authors that are with HBG get, at most, 20% royalties on their books once they make a certain amount. Even guys like King, Patterson, & Rowling. Twenty fucking percent. And, when you have guys like them under contract, HBG offers them advances of $100K- $3Million. Those advances are why folks like King are bitching, not the royalties. If they cared about royalties on their books, they’d go with the folks with the highest paying royalties out there, Amazon. Yes, Amazon. They even say it on their pricing page (for authors), “For titles priced between $2.99-$9.99, we pay a royalty of 70% on each sale.”

In the meantime, Hatchette wants a bigger piece of that pricing pie. They think that Amazon is getting too big a piece with their charging 10% for titles that are over $9.99. Go look up Steven King, James Patterson, et al., on any book seller website, and look at what the books are being sold for. Barring a second hand site, you won’t find any of their titles for less than $7.99 for a trade paperback, and less than $25.99 for a hardback. Now, consider this price breakdown: on that $25.99 James patterson, Hatchette takes 70%, the author gets 20%, and Amazon takes 10%. The way Hatchette wants it to be is they get 78%, authors still get 20% (big names, anyway), and Amazon would be left with 1%. How is that fair?

You notice who’s not been mentioned in all of this? The customer. That’s because they’d still pay $25.99. Unless HBG wins, that is. Then it would be $25.99 + shipping & handling. Even with Prime.

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