Thursday 26 January 2017

Pronoun Sets New Self-Publishing Author Royalty Rate

Macmillan’s self-publishing platform, Pronoun, has announced new author royalty rates for e-books sold in the U.S. and Canada and they are better than Amazon’s!

Authors publishing books via Pronoun now earn 70% of the list price as a royalty on books sold in the U.S. and Canada, priced at $9.99 or less, and can earn 65% of the list price for a book priced above $9.99. Previously, Pronoun authors selling books for less than $2.99 received a 35% royalty, similar to Amazon’s Kindle Direct Publishing program.

Pronoun president Josh Brody said: “We’ve spent the past year listening closely to authors and are proud to announce better royalties as part of our continued pursuit of publishing success for authors.”

Pronoun also offers authors distribution to one or more of the major e-book retailers, among them Amazon Kindle, Apple iBooks, Barnes & Noble Nook, Kobo, and Google Play.

Pronoun also offers writers free Author Pages. Customizable web pages that allow authors to post photos, author biographies, and links to social media accounts as well as published titles.

Speaking to Publishers Weekly Josh Brody said “We’re taking a longterm view of the self-publishing market in an effort to attract authors to our platform," Brody said. "We think developing a vibrant user base will provide better opportunities both for us and for our authors."

You can find out more about Pronoun at https://pronoun.com

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