The war on Amazon is Big Publishing's 1% moment. What about other writers? | Barry Eisler

More people are buying more books than ever, and more people are making a living by writing them. Why do millionaire authors want to destroy the one company that's made this all possible?As an author of ten novels legacy-published, self-published, and Amazon-published I'm bewildered by the anti-Amazon animus among various establishment writers. James Patterson pays for full-page ads in the New York Times and Publishers Weekly, demanding that the US government intervene and do something (it's never clear what) about Amazon. Richard Russo tries to frighten authors over Amazon's "scorched-earth capitalism". Scott Turow conjures images of the "nightmarish" future that Amazon, "the Darth Vader of the literary world", has in store for us all. And "Authors Guild" president Roxana Robinson says Amazon is like "Tony Soprano" and "thuggish".These are strange things to say about a company that sells more books than anyone. That singlehandedly created a market for digital books, now the greatest source of the legacy publishing industry's profitability (though of course legacy publishers are sharing little of that newfound wealth with their authors). That built the world's first viable mass-market self-publishing platform, a platform that has enabled thousands of new authors to make a living from their writing for the first time in their lives. And that pays self-published authors something like five times as much in digital royalties as legacy publishers do.If his net worth was... Continue reading at 'The Guardian'

[ The Guardian | 2014-06-04 00:00:00 UTC ]
News tagged with: #strange things #legacy publishers #net worth

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