Two years ago, e-books constituted 1% of total book sales, a figure that's now closer to 10%. As electronic media accounts for a larger and larger portion of the book business, consumers are benefiting from lower prices for books, and manufacturers are enjoying massive sales. But how is the e-book revolution affecting authors?
You can read my take on the subject today on DailyFinance: "How E-Books Are Changing the Economics of Writing."
By the way, Gina Misiroglu of Red Room put me in touch with the DailyFinance/AOL people, which is one of the great ways she's bringing traffic to Red Room and getting attention for Red Room's authors. Thank you, Gina!