BilmBlog500

Here is a letter which I am sending today to the CEO of one of the major publishing conglomerates.  All authors and agents should feel free to copy and paste, put in appropriate specific details, and do the same. Once upon a time, the reserve against returns was kind of necessary.  Books only sold in print.  All those print books were fully returnable.  Sometimes 70% of the copies were returned. But now, books sell digitally, with very few returns on ebooks and downloadable audio.  Printed books are still fully returnable, but for a great many books, sales through channels that lend themselves to especially high return rates have dwindled.  I'm not saying reserves are entirely unnecessary.  I'm saying it's time to push back on doing things this way because they've always been done this way, accepting reserves in any quantity when they no longer serve their original and intended purpose. There are too many business practices tilting against authors, and we can't cont