Founder of https://t.co/0hz4wnI6LI and https://t.co/PztTiuWe9g and author of 35 novels.
Mar 26 • 8 tweets • 2 min read
This is a highly misleading post, for several reasons. First, if you're Amazon exclusive, your royalty percentage is 40%. As Audible has 65% of the audiobook market, this is a reasonable choice for a lot of authors.
Second, the publisher of the audiobook bears the cost of producing the audiobook, just as a print book producer bears the cost of producing a print book. I'm not sure why anyone would expect a retailer to invest to produce books. That's not the business they're in.
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Jan 26 • 19 tweets • 3 min read
Going to use this tweet as a starting point for a short thread on 3rd world poverty, specifically poverty in Latin America. I recently returned from Ecuador, a country that has 2x the population of Michigan and 1/3 of Michigan's GDP 1/
In other words, the average Ecuadoran's economic output is 1/6 of the average Michigander. Not surprisingly, the average Ecuadoran lives much more humbly than the average Michigander. The average Ecuadoran has no hot water, no AC, no heat, and no car.
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