What happened to the price of books?
For the last few years, book prices were too low for many authors to make a living. This year, paperback book prices are suddenly too high for many readers to buy them.
How did we get here?
Hundreds of years ago, books were precious treasures. They were so expensive, they were displayed as symbols of wealth and status. It’s hard to imagine now, isn’t it? The invention of the printing press changed all that. And more recently, the print on demand phenomenon reduced wastage to the point that paperback books became downright cheap.
This could have been seen by the publishing industry as an opportunity to maintain book prices. And pay authors a living wage. But paperback book prices continued to lag behind cost of living increases in recent years. Some indie authors gave up on paperbacks…
View original post 389 more words