Quote:
Originally Posted by Gudy
And lastly, what Amazon is doing right now doesn't seem to benefit anyone but Amazon's bottom line. It probably wouldn't lead to lower e-book prices, which would benefit consumers. It certainly would lead to less money per book for authors, who aren't really known for getting rich (with a few notable exceptions). So I have a hard time cheering for them on that basis alone.
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Actually Amazon's "bottom line" is surprisingly small. It appears that they plow almost all of their money back into Amazon. (How odd and how unlike the fruity device maker.)
http://www.ibtimes.com/amazon-nearly...m-care-1513368
As for authors getting rich -- they never have, except for the notable exceptions that have become household names. When I used to read SF (lots of it), long before eBooks, I was surprised to discover that several of my favorite authors (who seemed extremely successful) were still working day jobs.
That said ... some of the "self-published" books Amazon is "featuring" (selling cheaply) wouldn't have made it in the real world. The last couple I've read, which had promising premises and slick covers, have turned out to be pure drek. So those authors are lucky to be making anything at all.