The book of the future

Folks like Ben Thompson are effectively writing books. Take a year of his essays, edit them for brevity and clarity, and you’d have a brilliant edition of This Year in Tech. And so in a strange way, Stratechery in paid newsletter form is as much a Future Book as a bounded Kindle edition.

This proliferation of new technology and services has altered author economics. Almost half of author earnings now come from independently published books. Independent books don’t outsell big-five books, but they offer higher royalty rates—roughly 70 percent versus 25 percent. For the first time—perhaps since the invention of the printing press—authors and small presses have viable independent options beyond the “traditional” publishing path with its gatekeepers.

Craig Mod argues that the future book is already here. We just missed it.

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