Authors are earning less on e-books than on physical ones, and the villain isn’t necessarily Amazon. According to the Author’s Guild, a professional organization for writers, publishers are now taking closer to 75% of an e-book’s profit, up from only 50% of traditionally published books. While Amazon’s downward pricing pressure has squeezed profit from everyone else, the publisher-favorable contracts originated when e-books represented a very minor portion of book sales.
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