Yesterday I suggested that authors probably won’t be charging admission to readings and selling t-shirts, to which people (correctly) wrote back: “Why not??” I should have said “most” authors won’t be charging admission, but I definitely take their point.
So this got me to thinking. We’ve been talking about how e-books are going to affect the economics of publishing and the bottom line for authors, but let’s take that one step further.
How are authors in the near future going to be making their money? Do you think books are still going to be the main thing? Or is the “other” category, such as subrights, appearances, and yes, t-shirts going to be more important? How should authors utilize the new technology to earn more money?