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Amazon Isn't Killing Writing, the Market Is

An anonymous reader writes: Amazon has been struggling for price control of the book and ebook markets for years, battling publicly and privately with publishers while making a lot of authors nervous. With yesterday's announcement of "Kindle Unlimited," a Netflix-like ebook subscription service, Amazon is reaching their endgame in disrupting the book-selling business. But there are other companies doing the same thing, and an article at TechCrunch makes the case that it's the general market, rather than any company in particular, that's making it harder for authors to earn a living. "Driving the prices lower isn't likely to expand the market of readers, since book prices don't seem to be the deciding factor on whether someone reads a book (time is). But those lower prices directly shrink the incomes of authors, who lack any other means of translating their sales into additional revenue. That's why I don't think the big revolution for writers and other content producers will come from Amazon, but rather from startups like Patreon, which allow producers to build audiences directly and develop their own direct subscription model with their most fervent fans."

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  1. Jack Conte, Nataly Dawn, Kickstarter, Patreon by bmo · · Score: 5, Informative

    Jack Conte and Nataly Dawn's experience with Youtube, and music publishers basically summed it up like this:

    You can either go to a studio, sign a contract and /maybe/ make back your advance and /possibly/ hit the lottery and fill arenas

    or

    Cut out the middle-man and get more direct support and actually make a living. Nataly set up a Kickstarter for her first album and got 5x more than she expected.

    Thus the motivation for Patreon.

    Watch this interview:
    Part 1 https://www.youtube.com/watch?...
    Part 2 https://www.youtube.com/watch?...
    Part 3 https://www.youtube.com/watch?...

    And skip (if you want, the cover is pretty darn good) to the end of this video:

    https://www.youtube.com/watch?...

    --
    BMO