They should be questioned, and in a meaningful way. Publishers need authors as business partners more now than ever before, and yet royalties have stayed utterly fixed. The time has come to modify the thinking. /4

That’s what we’re trying to do at @lakedrivebooks.bsky.social, and yeah, it can work. Mindset of abundance. In business and life, everything can be negotiated, but in the scarcity mindset of publishing today, royalty percentages are not. 3/

Publishers have too much overhead (partially due to investor and executive salaries), assume too much risk competing for high-profile authors, and can do a better job financially partnering with authors at all levels. 2/

correction: co-founder of Ink and Root Collective with the amazing @rsokamoto.bsky.social

No worries of course.

Got it.