What’s going to happen when authors analyze the terms being offered by Perseus’s new Argo Navis? It has been positioned as sounding like Amazon’s KDP program (“Argo Navis offers these authors a 70/30 revenue split”) and the NYT obligingly declares it “a favorable revenue split that is unusual in the industry,” comparing the proceeds to royalties rather than other sef-publishing and distribution arrangements. But for ebooks that qualify for the highest rates from KDP and PubIt, it looks as if Argo Navis will yield gross proceeds that are just half of what authors would get when they participate in those […]
