Quote:
|
latest example of how the global electronic marketplace is rapidly depleting authors’ income streams
|
I would like to offer up another hypothesis as to what is depleting authors' income streams:
• too many authors
• too many books
I don't have ten authors that I like. I don't have a hundred. I have
hundreds. I can't buy everybody's books, and even if I did I wouldn't have enough time in my life to read them all before I die.
The market is over saturated with reading material.
If there were fewer authors, and fewer books available, those authors would likely be able to make a decent living just by writing. Now that hundreds of thousands of people in this country fancy themselves an author, the book pool just keeps growing; but the pile of discretionary income people have to purchase those books isn't getting any bigger.