E-BOOK ROYALTY RATE RAISED

With e-book royalty rates still a contentious, if lately less openly-debated, issue, indie house Other Press has announced it is raising its e-book royalty rate to 50%. (The reigning e-book royalty rate sits at 25%, though major publishers like Random House have adopted a shifting scale-rate, that can go up to 40%.)

In a statement about its decision to bump its digital royalty rate from 25% to 50%, Other Press called itself "an author-driven house." With the change, which takes effect on April 1, the publisher will bump the digital royalty rate to 50% once an author has earned out the advance. Before the advance is earned out, the digital royalty rate will stand at 30%, an increase over its current base of 25%.