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The truth about book sales and authors' income

Updated 8-19-18) Warning: The news is not good but this is just a sampling.
Why Authors Are Earning Less Even As Book Sales Rise (Adam Rowe, Forbes, 8-11-18) Book publishers incomes are rising "partially due to rising digital audiobook and ebook sales," but authors' incomes are declining, says the Authors Guild, about this article: "The disparity between book sales and author salaries isn’t news. But seeing the statistics laid out simply on the page can help develop an understanding of where the money is going." Quoting the Forbest article: "Overall, revenues appear to be holding steady, as traditional publishers double down on the latest trend or format (which are political tell-alls and digital audiobooks, respectively, if anyone's wondering)....But thanks to the effects of price points set by the largest publishers in response to Amazon, industry corner-cutting, and book piracy, those authors behind the stories that power the publishing industry are earning increasingly less for their efforts."
• "Only 39% of authors supported themselves exclusively through writing-related work," according to The Wages of Writing: Key Findings from the Authors Guild 2015 member survey. Author incomes are down, hybrid authorship is up, and authors are spending more time marketing than ever before. (Hybrid authorship is the practice of self-publishing while also being traditionally published.) Authors spend more time on marketing, less on writing books. Traditional publishers’ promotional budgets have all but dried up,  Read More 
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FactCheck.org (Annenberg's excellent nonpartisan political fact checker--monitors the factual accuracy of what is said by major U.S. political players in the form of TV ads, debates,  Read More 
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