This is the information regarding royalties from the website. There is also a royalties calculator as there is on Create Space which is where I found little difference between the two for the UK price (when selling on Amazon).
Thanks for that, Sarah: I'd be grateful if you'd edit the material you quoted in your post to conform with fair use guidelines, though: link back to your source material, and only quote a couple of sentences from it.
This strikes me as significant:
For sales of your book through bookseller distribution channels, the author will receive 80% of royalties after the retailer - Amazon etc - take their bookseller discount ... 80% of £1.80 = £1.44 royalty to the author per book sale. FeedARead receives the remaining 20%.
What, exactly, does FeedARead do to earn that 20% commission? It downloads your book to Lightning Source which you could do for yourself--the hard part is formatting the work, and you have to do that all for yourself; downloading it involves just a couple of clicks of the mouse. It makes it available on Amazon--well, you can do this really easily for yourself too. You can also download it onto Smashwords yourself and get an electronic version of your book listed on all sorts of sites.
As for corrections - I didn't see anything about Feed a Read making correction for me. I proof read the copy and make amendments as I see fit. I've not seen it in print yet though so I can't confirm.
When you get your proof copy what happens if you spot errors in it? You'll either have to provide a corrected PDF of the book to FAR and let them download it, or you'll have to inform FAR of those errors and ask them to correct them. I suspect the former will be the case and that FAR will charge you to re-download the book. I might be wrong: but I doubt it.
Regarding the control of what appears on Amazon I'll have to keep an eye on this when it happens. However, so far I've been in control of the pricing and the content.
With all due respect, you're not in control of publishing the book. For example, if you do spot any errors you won't be able to correct them without FAR's assistance; you aren't in control of the book's sales reports, royalty statements, online listings, or anything else. This is not self publishing, and I can't see what benefits you get for the 20% of your income that you're paying to FAR.
Whatever happens now it will be a learning curve. So far I'm perfectly happy with FAR and have only heard good things from people who have already published with them. I can report back and let people know how my experience goes.
I'm glad you're happy but I've heard negative stories about them, from people who have published with them. Please be careful. Consider if they're really worth the 20% you're paying them, and consider how easy it would be to do for yourself the things they do for their 20%.
You might like to read some of our self publishing diary threads, to see how other writers are getting on and how they're managing without using a company like FAR: it's complicated, but no more so than working with FAR from what I've seen.
Anyway. I wish you well with your publication, and hope you get what you want out of the experience. And, of course, that you sell heaps of books. That would be lovely too.