2min chapter

Life and Art from FT Weekend cover image

Why We Read: Books, Booker and COP26

Life and Art from FT Weekend

CHAPTER

What Are You Like and Not Like?

Most books are now sold on amazon. The rule of thumb used to be that authors would get ten % of each booksale. Now amazon buys the book for a cheaper price, and it gets a discount from the publisher on top of that. And so you've seen earnings already collapse in quite a rigorous way in the last few years.

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