Via today's Globe and Mail, an article worth reading and pondering—even if you haven't published yet: Who gets the biggest piece of the digital pie? Excerpt:
There has not been a wholesale overthrow of the traditional book in favour of portable handheld devices such as the Apple iPhone and Sony Reader, or even the home computer.
It's estimated that no more than 3 per cent of total annual retail book sales in North America can be attributed to digital consumption, and most of that is occurring in the United States.
But in the last year or so there have been harbingers of what veteran publishing guru Jason Epstein calls “a historic paradigm shift.” And the “ongoing and accelerating interest,” as Illingworth describes it, has anxious authors and jittery publishers bobbing and weaving around the issue of what's a fair split of the revenues in this Brave New World.
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