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The demand side is also that for people who do read their spending may be down. I used to buy roughly $400 in books a year. I now buy maybe 1 book a year and su
by TimPC 3y ago
The demand side is also that for people who do read their spending may be down. I used to buy roughly $400 in books a year. I now buy maybe 1 book a year and subscribe to kindle unlimited for everything else. I don't think I'm reading much less but authors are certainly making less per read, especially since 30% of my spend on KU goes to Amazon and any book that has a publisher still needs to give the publisher their cut out of the remaining 70%.
- dageshi 3y agoI think your $400 a year might be a bit of an outlier. Personally I would say the $140 I'm spending per year via KU is probably more than I was spending before. If you multiply this out by the number of people with KU subscriptions it wouldn't surprise me if that's actually more money flowing directly to authors than before.
- TimPC 3y agoI guess it depends how much you like paperbacks but they were fairly good at getting me to buy hardcovers because I wanted something right when it came out and didn't want to wait for a paperback. At $40/hardcover $400 is less than a book a month. A KU subscription is less money flowing into the system than someone buying 1 hardcover per quarter.