Each year, the CEO of Smashwords (a distributor of eBooks for authors), writes his predictions for the coming year. Most of the time, so I’ve read, he’s pretty well spot-on right.
This year’s predictions for authors (and readers who wish to be in the know) is well worth the read. Though readers enjoy a proliferation of great deals and more books than they can possibly read, the market is becoming bleaker for publishers and independent authors alike because of the growing monopolization of Amazon in the marketplace.
I encourage you to take a moment and read Mark’s post. Be informed of how everything works besides the dashing duke you’ve fallen in love with between the pages. Each time you flip a page in Kindle Unlimited, the author’s work you read is being paid at less than a penny a page.
All my best, your HR Admin.
Smashwords’ CEO and founder Mark Coker has once again unveiled his annual predictions for the publishing industry, and to say this year’s edition is dark would be an understatement. Coker continues his longtime tradition of decrying all things Amazon, but this year…things are different. For too long, it was easy to dismiss Coker’s predictions as…