Amazon hits back at claims it is to blame for falling author earnings

Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the retail giant’s dominance could be partly responsible for the “a crisis of epic proportions” affecting writers in the US.The report from the writers’ body, published last week, highlighted the statistic that median income from writing-related work fell to $6,080 (£4,730) in 2017, down 42% from 2009, with literary authors particularly affected. Raising “serious concerns about the future of American literature”, the writers’ body singled out the growing dominance of Amazon for particular blame. “Amazon (which now controls 72% of the online book market in the US) puts pressure on [publishers] to keep costs down and takes a large percentage, plus marketing fees, forcing publishers to pass on their losses to authors,” said the report. Related: Crashing author earnings 'threaten future of American literature' Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2019-01-16 00:00:00 UTC ]
News tagged with: #retail giant #median income #american literature

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Authors Pen Open Letter to Amazon About Hachette Dispute

Two weeks ago bestselling author Douglas Preston began quietly circulating a letter to other writers that encourages readers to write to Amazon CEO and founder Jeff Bezos. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-03 00:00:00 UTC ]
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EIBF backs German publishers in Amazon complaint

The European and International Booksellers Federation has supported the German Publishers... Continue reading at The Bookseller

[ The Bookseller | 2014-07-02 00:00:00 UTC ]
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As Amazon slugs it out with the big publishers, authors are left cowering | Adam Fletcher & Paul Hawkins

And whoever comes out on top, you can bet the poor old writer won't be any better offA few weeks ago, we published a book called Denglisch for Better Knowers, a (hopefully) humorous book about how the English language could be improved by taking new words and concepts from German. Like "ear... Continue reading at The Guardian

[ The Guardian | 2014-06-30 00:00:00 UTC ]
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New Amazon terms amount to 'assisted suicide' for book industry, experts claim

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[ The Guardian | 2014-06-25 00:00:00 UTC ]
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Sales Up at EDC, Earnings Fall

Revenues at Educational Development Corp. rose 2% in the fiscal year ended February 28, 2014, hitting $26.1 million, although accounting items dropped net earnings to $357,600 from $802,900 in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-10 00:00:00 UTC ]
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Hachette US: Amazon actions 'affect authors' lives'

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[ The Bookseller | 2014-05-28 00:00:00 UTC ]
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Sales Fall, Earnings Rise at S&S

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[ Publishers Weekly | 2014-05-08 00:00:00 UTC ]
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'Prejudice' claim from Scottish authors

London publishers are turning down work they consider “too Scottish”, the chair of... Continue reading at The Bookseller

[ The Bookseller | 2014-04-02 00:00:00 UTC ]
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Amazon paying ebook settlement cash back to Kindle users

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[ Engadget | 2014-03-25 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-02-24 00:00:00 UTC ]
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Kate DiCamillo's 'Flora & Ulysses' earns author a second Newbery award

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[ The Christian Science Monitor | 2014-01-29 00:00:00 UTC ]
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[ Publishers Weekly | 2014-01-15 00:00:00 UTC ]
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[ The Guardian | 2014-01-10 00:00:00 UTC ]
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[ The Bookseller | 2013-11-26 00:00:00 UTC ]
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[ Publishers Weekly | 2013-11-21 00:00:00 UTC ]
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Big names back Authors for the Philippines campaign

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[ The Bookseller | 2013-11-18 00:00:00 UTC ]
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[ Publishing Perspectives | 2013-10-29 00:00:00 UTC ]
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[ Publishers Weekly | 2013-08-19 00:00:00 UTC ]
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