|
Yes, that is why the publishers shot themselves in the foot with the new contracts. Amazon used to subsidize the publishers by paying for the discounts out of their own pocket. Now the publishers have a beautiful situation of higher prices so less sales (business 101), if they DO discount it comes out of their pocket (and the authors). More and more authors jumping ship and going directly to self publishing so a greater chance the next runaway best seller will be a self or Amazon published book. Authors who do consider the BPH publication now have options so are in a position to bargain for better terms. Editors going indie too. Lots of experienced retired editors willing to work part time at home. Lots of competion for readers time and money from indies especially from those heavy buyers who buy a lot of books and so compare prices. Not a particularly cheerful picture for the BPHs.
|