Royalties

It has been brought to my attention that Dear Author has an interview with Harlequin about their changes to the royalty system. Have a read!

I find it really interesting that an author gets so little for their work!
I understand that authors have to pay the cost for cover artists, marketing and publishing, but still - the publishing company gets heaps, money they wouldn't get without the authors work in the first place!

What is your opinion on it?