Author Earnings: The terrible horrible awful news

The Official Story is that ebooks are going away; that the publishing industry has weathered the storm, the fad is over, and all can go back to Business as Usual at the Old Stand. In support of this, our propagandists are parroting some one-sided and obviously flawed statistics showing that the Price-Fix Five have shown declining ebook sales this year. Of course, this is because the Five, on our orders, are deliberately sabotaging their own sales by fixing their prices at an absurdly high level. They do not want to sell new books for less than the hardcover price.

Source: Author Earnings: The terrible horrible awful news

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