Oh, and, one other thing...obviously the folks who put this up believe that they can make money. They are not paying the authors up front. Author checks don't go out until the royalties due you hit $20. What if that never happens for most of the authors? Theretically, it is possible. If your royalties turn out to be around (as in their example) 15 cents per book sold, then it'll take about 134 books sold before you hit that level. Though it may not sound like it, that's a helluva lot of books.
In other words, part of the business model here has to be the assumption that for a large number of the authors who put work in (the new authors) they will never hit the point where their royalties become due.
If you want to do this, and you really don't care about making money, you just want to find new readers, I'd suggest using something that gives readers access to your work *for free*.
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Re: In my arrogance, let me add...
Date: 2008-01-24 06:13 pm (UTC)In other words, part of the business model here has to be the assumption that for a large number of the authors who put work in (the new authors) they will never hit the point where their royalties become due.
If you want to do this, and you really don't care about making money, you just want to find new readers, I'd suggest using something that gives readers access to your work *for free*.
Re: In my arrogance, let me add...
Date: 2008-01-24 07:33 pm (UTC)