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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