People Aren't Buying Books Anymore - But they Are Reading!

In this monologue, Julie Broad cites a June 2026 Authors Guild study showing that only 25% of the books people read in the past month were purchased, while the remaining 75% came from libraries, author copies, subscription services, used books, borrowing, existing home collections, and even piracy. She argues that the real challenge for authors is not selling books but getting them discovered by the right readers. A book should be viewed as intellectual property and an asset that creates opportunities beyond its direct revenue, rather than a mere business card. Broad emphasizes that the most valuable metric is how many people actually read the book, because the right reader can generate opportunities unrelated to sales. She encourages authors to celebrate readership numbers instead of focusing on purchase percentages.










