The twitter thread and the accompanying website don't quite tell me what's going on besides 'not as much money as expected'. But I can't quite see what the 'Net Sales' problem is, it's just stated as "less money" for no reason? Although I am tired so maybe something just isn't clicking. I don't doubt that the terms of the deal are poor though.
I had wondered for a while how the credit system worked, and if the increase in sales made up for the 'deal' off audiobooks. I get $50-$60 audiobooks for $15, there's something mismatched there. Either the audiobook was priced at an extreme premium, or, it seems, Amazon just isn't paying the price I would expect.
Edit: I found one response from an author that I think makes a simple point, if not perhaps what the thread describes (still can't tell). It's impossible for authors to calculate their expected royalties as there are so many varieties of discounts and price points that customers can pay for a single book: https://twitter.com/AdamEcclesBooks/status/14933236569105489...
Which makes sense to me, as there's purchases and credits and various subscription tiers and audible unlimited and these are just the things I can think up off the top of my head. But again, I would buy a small fraction of the audiobooks I have purchased at full price.
I had wondered for a while how the credit system worked, and if the increase in sales made up for the 'deal' off audiobooks. I get $50-$60 audiobooks for $15, there's something mismatched there. Either the audiobook was priced at an extreme premium, or, it seems, Amazon just isn't paying the price I would expect.
Edit: I found one response from an author that I think makes a simple point, if not perhaps what the thread describes (still can't tell). It's impossible for authors to calculate their expected royalties as there are so many varieties of discounts and price points that customers can pay for a single book: https://twitter.com/AdamEcclesBooks/status/14933236569105489...
Which makes sense to me, as there's purchases and credits and various subscription tiers and audible unlimited and these are just the things I can think up off the top of my head. But again, I would buy a small fraction of the audiobooks I have purchased at full price.