Quote:
Originally Posted by joblack
Some author fat cats complaining about falling prices.
|
If you are talking about the thousand or so authors who signed on to those anti-Amazon newspaper ads, or petitioned the Amazon board, I suspect their median incomes are well below those of people who buy new hardcovers, or eBooks, during the first year or two after release. And, yes, I do realize that some people with below-average incomes (at least in high GDP countries) spend a lot of their low incomes on books. Some of those people are authors!
I believe that self-publishing Amazon loyalists also likely have below-average median incomes.
Even authors who make an occasional appearance in the bottom half of the bestseller list are far from fat cats. Author, and fat cat, don't really go together.