For anyone who thinks the problem is Anthropic, I want you all to know that most authors make less than the median income. Most make less than $20,000 a year, because publishing houses give authors an advance, and then authors must pay back that entire advance in sales before they see a dollar of profit from their work. Most never do. Maybe publishers should JUST pay authors WELL, and get a book every 2-3 years. http…
if authors get an advance that's greater than the sale of their books, doesn't it mean that the publishers lose money, i.e. paid more for those books than the books sales?
Well the publisher also pays for the book to be bound, edited, overhead for their staff, cover art. Many books don't sell for the full retail price and are discounted. So net of all of this a 10% profit margin is common, they aren't keeping 90% of the book sales.