I wrote about the relationship between author and publisher in my last post. The following article amplifies the point that digital books need not condemn literary writers to penury and may, in fact, actually enable authors to benefit more fully from the works they produce.
via Publishers Weekly:
Rosetta Books Announces New Higher E-Book Royalty Rate
By Craig Morgan Teicher
E-book publisher Rosetta Books announced what it calls the “highest industry standard e-book royalty rate” yesterday. The new royalty terms give Rosetta authors 50% of net receipts on the first 2,500 copies of the e-books sold, followed by 60% of receipts for subsequent copies.