Music, however, has it easy compared to writing. Musicians have always relied on performance revenue. Merchandise and licensing matter too. Authors don’t have the same options. Dickens engineered a profitable reading tour of the United States, as new-model enthusiasts always point out. But how many authors could do that today? How many could fund themselves on t-shirt sales? And will anyone pay authors to read sentences from their novels over an Audi advertisement? The ringtone market holds limited prospects.

— 

Tim Spalding, “The downward spiral of ownership and value”, Thing-ology Blog, 24 January 2011

http://www.librarything.com/blogs/thingology/2011/01/ebooks-the-downward-spiral-of-ownership-and-value/

Notes