I’m not totally on board with everything Brad says, and I’m not quite as optimistic about a Digital White Literary Knight rising out of Amazon’s ashes to save the world (aka *my* books) from extinction, but in general he makes some valid points.
Yeah, that’s the End Of Days scenario for writers, the idea that ebook sales will just…stop. That Amazon will finally get the One Ring and its digital Nazgul will come screeching down on all other ebook retailers and put them out of business (well, that part’s true), and then they’ll move to a Spotify model where all ebooks are in this KU model and we only get paid for borrows, forever and ever amen.
I’m not buying it. Sure, this is happening to music on Spotify. But musicians haven’t (totally) revolted over the “subscription model” for a couple reasons.
1. They can still make money licensing their music for TV commercials (Black Keys!), background music on ESPN, etc.
2. They can still make money on concert tours – ticket revenue, t-shirt sales, misc. swag.
3. Every really BIG musical act is signed to a record label. There’s a devil’s bargain they make…
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