Is book piracy a threat to publishers and authors?

Is book piracy a threat to publishers and authors?
on Jan 31, 2020

Piracy has significantly encroached into the profit margins of the publishing industry and authors. With an increased rate in piracy of books, it has taken the shape of Dementors eating up their sales. If a person is using the work of an author for commercial purpose, the credit should be mentioned, but with the issue of piracy, authors are not getting the credit and profit of their work. Piracy can undoubtedly harm authors and eat into their book sales. But is there any way we can deal with the concern? Find out yourself in the video.