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Originally Posted by tyche
Just like movie and music, the publishing business is built on indenture and they will twist facts to keep themselves not only relevant but seen as the only way to the consumer. In some ways that's true after decades of creating infrastructure to make this self fulfilling prophecy. The Internet can change that radically.
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Music at least is a different business from book-publishing. The core of music has always been performance, in a way recorded music is only tacked on. Books/stories were always meant to be copied and passed on.
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Let's say you sell your book on Apple & Amazon for $5.99. Your return is $4. You sell 12,500 copies and you've made the 50k advance of olden days.
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You now ignore 'cover design' (even an ebook needs a graphic to catch attention), editing and proofreading to start with, all of these would have to be paid by the author.
How many self-published authors do you know that sell 12.500 copies @ $2 let alone at $6?