Richard Flanagan, Michael Robotham on the hidden costs of cheap books
Big Ideas
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The Price of Literature: Challenges for Independent Bookstores
This chapter examines the detrimental effects of deep discounting on independent bookstores in the face of larger retailers like Amazon. It discusses the financial struggles these bookstores face and the impact of aggressive pricing on authors' royalties and literary diversity. Moreover, the chapter highlights the need for regulatory measures to protect local literature and sustain a vibrant publishing ecosystem.
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