The shrinking incomes of book authors

There's more bad news from the Author Guild's latest member survey. Incomes of full-time authors have dropped 30% in the past seven years as traditional publishers merge and self-publishing claims a bigger share of the market: "These phenomena, along with the meteoric rise of Amazon as an industry behemoth and the shuttering of thousands of brick and mortar bookstores, have made the business of authorship both more diverse and less profitable than it was six years ago."

September 22, 2015

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