Amazon owes 2/3 of the eBook market in part because they have followed their dreams to reach the unreachable star. Now we all may get burned.
Fantasy author Brent Weeks says the reality for many readers is that if they don’t see a book on Amazon, they assume it isn’t available. With eBooks, they may not know where to else to go to buy them. Amazon is also attracting authors as a publisher, not just a distributor. with promises of high royalty percentages. This and other factors are hurting big and small publishers alike.
“We’re at the point now where the publishing houses are being undercut by the river of indie publishing, and at some point in time the front porch is going to drop in the river. At that point maybe they’ll have to acknowledge it, but right now they just don’t want to,” attorney David Vandagriff said.
Check out the interview in which Stephen Colbert and Sherman Alexie collude to help people avoid Amazon’s grasp.
Well, if traditional publishing had wanted me to work with them, they’d have bought some more of my books.