D2D's announcement to their indie author clients that Barnes & Noble was only going to pay 30% of the receipts due to them. Meanwhile, indie distributor Smashwords announced Barnes & Noble was paying them in full for their clients' receipts.
(Full disclosure: I use Smashwords for distribution to some smaller retailers, but I upload all books directly to Barnes & Noble.)
Needless to say, Barnes & Noble ("B&N") was major topic of conversation among the various indie forums over the weekend. Maybe B&N realized who's really making money for them during the pandemic. I mean, it's not like the brick & mortar bookstores are considered essential services by the various governors and mayors desperately attempting stop the spread of COVID-19.
In a turnaround over the weekend, both B&N and D2D said B&N was paying D2D in full. The other side of the rumor mill said when B&N ran the numbers, they thought D2D was a larger publisher. And it's the big publisher who were only getting 30% of receipts due.
That's not necessarily a good thing either. Especially for writers who are fully trad published.
On a side bar, a note appeared on my B&N dashboard that I would be paid in full this week. We'll see what happens by Friday. It's low double digits since I'm rebuilding my own publishing company. However, I'm not holding my breath.
An Acceptance, in rough times
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