This is nonsensical. Libraries buy huge numbers of books you wouldn't otherwise sell. They're a massive discoverability vector for authors. The reasons behind the declining author earnings are not hard to guess. People read less, have less $ to spend, +media is being consolidated by megacorporations
G. Willow Wilson
You all-- I never thought I'd see the day, but library peeps, strap in for a fight. The Author's Guild is going after us as the reason why authors are making less money. I don't think they understand who they are dealing with: www.publishersweekly.com/pw/by-topic/...
A survey commissioned by the Guild found that only 25% of print books and e-books read in the past month were bought new or through a paid subscription, with readers increasingly turning to low- or no...