How Amazon's Ebook Subscriptions Are Changing the Writing Industry
An anonymous reader writes: Amazon is now offering an ebook subscription service — $9.99/month gets you access to 700,000 titles, both self-published and traditionally published. The funds are gathered together, Amazon takes its cut, and the rest is divided up based on how many times a given book was read.
Some authors like it, and some don't, but John Scalzi pointed out that this business model is notable for being different from how the writing industry has worked in the past: "[T]he thing to actively dislike about the Kindle Unlimited 'payment from a pot' plan is the fact that it and any other plan like it absolutely and unambiguously make writing and publishing a zero-sum game. In traditional publishing, your success as an author does not limit my success — the potential pool of money is so large as to be effectively unlimited, and one's payment is independent of any other purchase a consumer might make, or what any other reader might read.
In the traditional publishing model, it's in my interest to encourage readers to read other authors, because people who read more buy more books — the proverbial tide lifts all boats. In the Kindle Unlimited model, the more authors you and everyone else reads, the less I can potentially earn. And ultimately, there's a cap on how much I can earn — a cap imposed by Amazon, or whoever else is in charge of the 'pot.'"
Some authors like it, and some don't, but John Scalzi pointed out that this business model is notable for being different from how the writing industry has worked in the past: "[T]he thing to actively dislike about the Kindle Unlimited 'payment from a pot' plan is the fact that it and any other plan like it absolutely and unambiguously make writing and publishing a zero-sum game. In traditional publishing, your success as an author does not limit my success — the potential pool of money is so large as to be effectively unlimited, and one's payment is independent of any other purchase a consumer might make, or what any other reader might read.
In the traditional publishing model, it's in my interest to encourage readers to read other authors, because people who read more buy more books — the proverbial tide lifts all boats. In the Kindle Unlimited model, the more authors you and everyone else reads, the less I can potentially earn. And ultimately, there's a cap on how much I can earn — a cap imposed by Amazon, or whoever else is in charge of the 'pot.'"
Remember the saying "bad money drives out good"? People will horde their genuine currency and try to pass off counterfeits as quickly as possible to the next sucker. Same as people now are selling Rubles for Euros and Dollars.
"Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
I love Slashdot and Slashdotters. But in this case I'm kind of taken back by the responses.
Being married to an Author and knowing many, many authors, I can point out a few things:
Most authors, beyond the "super big names" struggle to make even a moderate living off of their books. When these folks try out a new system like the Amazon plan, and they find the are making less, we're not talking about folks who used to make 3 million, now only making 2.5 million. We're talking about someone who might be making for example 30k per yea,r making so much less that they are forced to cease writing as a vocation.. It's directly impactful, and the impact is not tied to quality of the book. Rather, the impact is books with catchy titles and sales pitches getting more downloads and making more money, regardless of quality. "hey, it's free, I'll click that since there's no downside to me for doing so." This leads to other books making less of the allotted bucket of funds. When spending money on books, folks tend to check reviews, read the sample download or use various criteria to filter down their selection to what they enjoy reading. So better books get rewarded. With the new plan, shotgun approaches become the norm.
Lets try it another way. Say tomorrow, there was one major store through which the majority of all software (personal, business, etc.) and all IT services (Ops, support, admin, etc, each treated as a service ticket item) were offered and the owners of that store decided "Forget what people pay today for software and services, we'll sell them anything and everything for $10 a month and just divvy up profits as we see fit, And we'll do it without reporting to anyone how the process works or what actual counts occurred, we'll just send them a check."
How would you feel about that when it was your app that you worked for a year and you usually make about $50k per year. But now when another app AngryBirds sells 30 million copies, your get a check for $5 for the month for your app despite people still downloading downloading it because statistically it's insignificant?
Or how about your IT job that you now get paid 1$ per service ticket because a billion other service tickets get processed as well? Did you enjoy working all day for $20?
While it's easy to assume that anything cheaper is better, remember to take into account that the cheaper may be coming at the actual workers pocket. I'd expected to see Slashdotters more upset at the middleman holding the actual workers over a barrel.
Warning: Teh poster of this messaeg is lysdexic