No, not true. Back in the day (20th century), writers sold their work to the publishing house for a fee, and that's all they got for it, the publisher was now the owner and made the royalties. Then, it came that the writers didn't like this arrangement and changed it, demanding a fee (smaller than before), and royalties for each first time sold book (retail). After that, they got no additional royalties, the book buyer could read the book any number of times, loan it to friends, donate it to libraries or other charities, or, at least with paperback books, rip off the front cover and resell them, without paying royalty fees to the publishers/authors.
Now, in the 21st century, the rights to everything have gone from the buyer to the creator/seller, you never really own anything, you just rent it/pay a license fee to use it. Once you're done with something, a house, a car, a book, a record, tape, or CD (oops mp3's), you aren't permitted to sell them, or if you are, through only authorized houses/websites, you have to pay the original creator/author/producer Royalty fees, so they can continue to make money on something years or decades after it was first written, published and sold for the first time.
I thought, at least in US copyright law, there was a provision for first sale, which states (paraphrased), the creator/seller receives royalties for the first sale of a work, and nothing thereafter.
What has come of our world? What's come of our countries, with PAC and other such Trade agreements between countries, they're trying to align all copyright, patents, and trademarks, so it's the same all over the world. We are moving into a world that the original story of this thread, will come true. It's up to us the people, to do something about it, before it's too late. But, that'll never happen, because people are too pacified by the system, too apathetic, and too cowed, to believe they have the ability to do anything.
Welcome to the future, we've created it, now we have to live in it. It was foretold, and we did nothing about it when we heard the prophecies, our children and our children's children will be the inheritors of our creation (maybe we can make some royalties from them).