Andrew Wylie in Frankfurt: Agent Advocates for 50 Percent Digital Royalty Rates

awylie 011906 11 Andrew Wylie in Frankfurt: Agent Advocates for 50 Percent Digital Royalty Rates

Wylie.

Andrew Wylie is at it again! Speaking to the British industry publication The Bookseller at the Frankfurt Book Fair, Mr. Wylie advocated for more author-friendly royalty rates for digital book sales. “Publishers should pay a 5o percent digital royalty and digital distributors should not be charging 30 percent—zero would be attractive,” he said. Most publishers pay royalty rates of 25 percent for digital sales right now, the exception being Amazon Publishing, which pays significantly higher rates (in exchange they usually sell the books at lower prices and retail digital versions exclusively through Amazon.)