Future of authors and publishers

Nowadays, it is said that books are hardly sold. Many authors are suffering from decreased sales. One of the domestic reasons is the rise of the internet, of course. Most people do not want to pay the information which is available on the internet for free.

However, the book sales are not shrinking, according to some publishers. HarperCollins recorded increased sales by 83 million USD in the quarter this year. The UK publishing industry is also growing by 5%.

Forbes: Why Authors Are Earning Less Even As Book Sales Rise

The author of this article above guesses that complex factors cause the gap between authors' income and book sales. Mary Rasenberger, the executive director of the Authors Guild suggests publishing industry consolidation is responsible for it.

On the other hand, some authors became independent of publishers. Nowadays, Amazon.com and some providers offer authors the opportunity for selling their books, mainly on the online form.

Considering these facts, the publishing industry is reforming itself. Selling a book from a famous publisher will be no more honor, neither an excellent earning way. Popular authors will create their private publisher. Then, conventional publishers will support rather young authors, perhaps.