Exclusive Kobo-InGrooves Deal Announced

Did Kobo's pricing discounts really affect you?

Everyone reading this news article has probably read or heard about the furor over discounting at Kobo (an ePub distributor, e-bookseller, device-maker and reading application maker), and how it's affected Amazon pricing and commissions.  Many authors have removed their titles from Kobo, not wanting Kobo's discounting to reduce their Amazon prices, and thus their commission structure.  But customers distributing their ePubs through InGrooves no longer have to worry about that, and are getting a better commission structure through InGrooves!

This past week, Kobo executives agreed to provide commissions to InGrooves' distribution partners that exceed their normal commission structure for self-published authors.  Instead of the 50/50% deal that is normally offered, InGrooves' authors will receive a 70/30% commission structure, resulting in a net royalty to them of 65%--a 20% increase.  In addition, Kobo has agreed to cease discounting without the express permission of the author, eliminating the Amazon-pricing "Death Spiral" that has recently caused significant income loss to Kindle authors. 

Contact me if you need further information about this development. 

 

Update:  This article no longer relevant as of year-end, 2011. 

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T'was the Night Before Christmas... 

 (With apologies to Clement Clarke Moore, may he forgive my doggerel...)

...and all through the shop,
all we minions were working,
   until ready to drop.

The ebooks were flying,
the covers were spare,
The edits were crazy,
   with "one more thing I must share!"

We waited for Santa,
'Cuz we love old Saint Nick,
But Hitch made us work,
   Waving 'round an old stick!

So slave we all did,
And made all your books,
So that Hitch would say now,
   that we're off the hook.

Come today we're off,
to rest up our fingers,
Our hats we will doff,
   No books they do linger.

But we'll all be back,
Don't give it a thought,
for like all wage slaves,
   we're easily bought.

We'll be back on the fifth,
all eager and fresh,
All ready for you,
   after a well-deserved rest.

So Hitch wants to say,
very strongly and loud,
THANKS ALL YOU GUYS,
  you're the best type of crowd.

Indy and Len and Hitch and the gang,
will be back on the 5th,
to do books with a BANG!

In the meantime don't worry,
if you're in a hurry,
'cuz some poor guy got stuck
   sitting here like a duck.

Your emails we'll receive,
so no need to grieve.
We'll be a bit slow,
but we're raring to go.

Your books will be worked on,
your edits still made,
we're just resting a bit,
   before we all fade.

So please excuse the delays;
It won't be for days;
we'll jump on your queries,
   for your wondrous new series.

We waited for Santa,
'Cuz we love old St. Nick,
And sure 'nuff he came,
   It wasn't a trick.

And as he rode off,
into the night,
I could swear I heard Hitch yell,
   "That Edit's Not Right!"

~~~~~~~~~~

We'll be back on the morning of January 5th; we'll be here parttime between now and then, thanks.