aren't all those duds offset by the really big hitters that make up for it tenfold?Splendid breakdown, but I would argue the publishers actually DO think this crap will sell... right up until there are several thousand unsold Roanhorse novels they bled money trying to push.
That and the ones who aren't already rich survive off grant money and Patreon. Most of these shmucks are bleeding money faster than thier publishers.
Gotta say its nice to see someone else here who keeps up with the sorry state of the spec fiction industry today.
when I read it it reminded me of the mobile game market - throw out a lot of shit that will never stick, but when it does you're making bank.