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Originally Posted by from the article
...celebrity drivel from Snooki, Justin Bieber and the Kardashians.
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I agree with most of what he is saying, I only have a bit of a problem with numbers 5 and 6, while they may not be completely mutually exclusive, they certainly are pretty close. If the prices are falling and the royalties to the authors are increasing then the profits for the publisher must be falling. If that is the case then what is being lost - editing? marketing?
Also, if royalties are rising but prices are falling I have to wonder if that will really mean anything for the author in the long run. After all a 10% royalty on a $20 book is the same as a 25% on an $8 book - granted they may sell more books at $8.