From The Digital Reader:
For the past month or so, Kindle Unlimited has been one of the hot topics in digital publishing. A number of indie authors are reporting that their revenues have dipped since KU launched in July.
. . . .
As I sit here writing this post Sunday morning I can see that, even though a month has passed on this story, no one is asking the right question.
Right now everyone is asking whether KU is worth it for indie authors, and that is not the right question.
What we should be asking is whether traditional publishers are seeing a similar impact on their sales.
. . . .
Yes, I know that all of the talk is focused on indies and KU, but that is not the problem itself; it is just the way that the problem is expressed in the market.
When you get down to it, the actual cause of the drop in revenues is a shift in consumer book-buying behavior as consumers sign up for ebook subscription services and stop buying as many books at retail.
. . . .
But leaving my doubts aside for the moment, if a radical change is occurring then it would most likely affect a consumer’s entire book-buying behavior.
This means that if a consumer really does buy fewer books after getting into Kindle Unlimited or another ebook subscription service, they’re buying fewer books over all – including ones published by legacy publishers, indie publishers, and indie authors.
Now do you see why I want more data on trad pub ebook sales?
Link to the rest at The Digital Reader