self-publishing boom
Friday, March 28th, 2008Ack! I’ve been neglecting the litfarm lately–things are crazy at my day job–and I apologize for that. I’ve got over a dozen posts in the queue, but they all need some attention first. In the meantime, to hold you over, The Guardian has an article about the boom in the self-publishing industry.
While definitive figures on sales generated by self-published books are hard to come by, there are estimates that they could be well into the billions of dollars. A report, Under the Radar by the Book Industry Study Group estimated that non-calculated sales by smaller publishers and self-publish companies could be as high as $14.2bn (£7.3bn) in 2005, the last year statistics were available.
A quick look at Lulu’s list of best-selling fiction has an author who turned his self-published novel into a book deal with St Martin’s. Admittedly, he writes somewhat Christian fiction, which is a market that’s been under served by traditional publishing houses, but even so it’s encouraging.
Another interesting site mentioned in the article is Wowio.com, an online store that sells nothing but ebooks.
So go read that. When you’re done, there ought to be some more posts here.
Posted in ebooks, get published, on publishing | No Comments »
