PSA: Expect books to increase in price on average
PSA: Expect books to increase in price on average
It’ll be interesting to see how long publishers last before they price themselves out of business. We’re already seeing it in academia. A growing number of professors are refusing to assign texts from Pearson (who are trying their very best to become a monopoly) and other traditional publishers. Instead, we’re either writing our own or contributing to open source textbooks that we then give freely to students.
I wonder how long before this becomes the case with pop culture literature. There’s already a large number of very successful writers (by number of books sold) who cut out the traditional publishers and sell directly to readers. It seems likely that this number will only grow as books are priced out of reach for more consumers.