Any thoughts?
Any thoughts?
But they do need editing, layout, design, marketing, etc, which are a significant part of the cost of a book. A book is never a solo endeavor by an author.
Digital publishing bypasses print, distribution, warehousing, and materials, but still includes those fixed costs.
Keep in mind that many publishers effectively act a bit like investors or VC, seeding a large number of publications in the hopes that a small number succeed. The name "Random House" was said by its founding publisher, Bennet Cerf to be "We just said we were going to publish a few books on the side at random". As in music and cinema, a few "tentpole" projects support much of the rest of the enterprise.
<https://en.wikipedia.org/wiki/Random_House#Company_history>.