Fee-Based Libraries Were Like Netflix for Books, 200 Years Ago
online.wsj.com
online.wsj.com
When I review a site like Author Earnings dot com (no affiliation, other than being a huge fan of such an amazing amount of free and open data) it shows pretty clearly that, "An Indie author can make it." In fact, the bulk of the data shows Indies have as good a chance, or better, at cracking the best seller list on the site.
For free, on both sides of the interest pool for authors and readers, there is a ton of value and a growing amount of it. Then if you start looking at other models like Issuu (recently on the app store, after long absence) and Wattpad, it really makes you scratch your head at the tone of the article.
Without the preface, "For newbies to the publishing category," it reads like a poorly articulated puff piece. Sorry.
Feasting .. without newest books and only a few publishers?
No mention of Archive.org, the web and CC-licensed content, none of which existed 200 years ago, all of which compete with Oyster et al.
Or the difference between ownership (purchase and First Sale doctrine, including the ability for descendants to inherit ownership), renting (Oyster), licensing (Kindle) and shared access to a city-funded-and-owned resource (public library).