Agent pushes 50% digital book royalty

Publishers should be paying the authors of digital books a royalty of 50% – double the 25% rate many leading book firms are trying to establish as the industry standard. That's the view of leading literary agent Andrew Wylie, who also said agents should not try to strike deals with authors which split royalties 50:50, saying that one of the appeals of digital publishing was that authors should make more money, not agents.