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Amazon and Apple take all the cream, nothing is left for publishers and authors. Books were meant to free us from printing, shopping and logistics. Instead we
by beerlord 8y ago
Amazon and Apple take all the cream, nothing is left for publishers and authors.
Books were meant to free us from printing, shopping and logistics. Instead we replaced huge physical costs with huge digital costs.
It’s unbelievable that digital storefronts charge 30% of revenue just to ring a credit card and transit a few megabytes. Of course, you cannot go elsewhere since they hold a monopoly position.
It’s time for government intervention to take the commission rates of these storefronts down to 10%. You will then see an explosion in actual good content being delivered to customers, instead of the deadweight losses accruing now.