You know, I’ve come to the conclusion that the entertainment industry is populated by the only group of semi-educated people on earth who both:
1) Have no freaking comprehension of how market economics works. And
2) Still make money, despite their incompetence at managing said system.
Of course, I would add that their lack of intuitive grasp of the Law of Supply and Demand is beginning to have consequences. Especially with the new realm of Indie Creators and small marketeers eating away at their profits.
Which is, of course, at the heart of why a bunch of .001% authors can suffer Amazon Derangement Syndrome, claim a boycott is happening when it isn’t, and then duff around while their publishers–who artificially inflate the prices on e-books–continue to tell them stories about how Amazon is cheating them. This despite the fact Amazon has specifically promised to compensate THEM for any losses.
Note, this means authors are complaining because their publisher is abusing them, and they are complaining to the party that is actively trying to compensate them fairly.