To all Fox and Quill members that are published with Infinity Publishing:
Every title that Infinity Publishes is in the Amazon advantage program.
Infinity prints all the books sent to Amazon on consignment, in fact we have
over 10,000 Infinity books sitting in five Amazon distribution centers.
In the advantage program, we have to give Amazon a 55% discount
and for that
favor, they only pay us when they actually sell one of our books that are
sitting in their warehouses. Every Monday morning we get 5 emails with
orders for books that are needed to maintain inventory levels in each of the
warehouses.
We are the only POD publisher that prints their own books
and
we were the first to sign up for the advantage program when it was first
introduced. All of our competition prints with Lightning Source and is
being forced to either join the Advantage program by shipping 5 of every
title they publish on consignment (which in the case of
Authorhouse/Iuniverse would mean printing and shipping a quarter of a
million books to Amazon) or having Booksurge do the printing for all books
sold by Amazon.
Authorhouse, iUninverse and Lulu have signed the
Amazon/Booksurge contract. The terms for this deal is a 48% discount off
the list price of the book and then paying Booksurge to print the book.
This will not leave very much for the Publisher to pay a Royalty and to make
any kind of profit.
Infinity Authors will not be affected at all by this move by
Amazon/Booksurge and we will continue to print the highest quality books in
the industry.
Thanks for your attention,
Tom Gregory, President
Infinity Publishing
1094 New Dehaven Street
West Conshohocken, PA 19428
877-BUY-BOOK