From: Original Content
September 16, 2012 at 07:45PM
Publishing Is Broken, We’re Drowning In Indie Books–And That’s A Good Thing is a fantastic article in Forbes. (From August.) It’s about how self-publishing got to the point it’s at now, and what might happen with it in the future.
Some interesting points made:
Self-publishing may end up being where we see mid-list authors because they can make more money there on their ten thousand to thirty thousand sales.
Also–self-publishing e-books could become the new backlist for authors. This is something I’d already heard about, and is a factor in my republishing Saving the Planet & Stuff early next year as an e-book.
The amount of marketing traditionally published authors now have to do encourages them to publish on their own–they’re already taking on some of the work traditional publishers did in the past, anyway.