My friend and fellow author,
Genella deGrey, shared a wonderful article called
The 7k Report, written by Hugh Howey of
Author Earnings. It's a long read, but WELL worth it. Go ahead. Go read the report. I'll wait. *Arial gets up and grabs a cup of coffee, peruses her e-mail and does a little marketing while she waits*
There! See? Very informative and pretty thorough = wonderful. There are two reasons I'm sharing this article, and I will thereby summarize the article for those who aren't ready to spend the time to read the entire entry:
- Actual Data - Finally, we authors can see a fairly reliable source of information that lets us know whether or not writing for ourselves is worth the plunge.
- Prove a Point - I have always touted to my author friends that traditional publishing is not worth anyone's time or effort unless the publisher is willing to do the work to sell your books for you. My explanation to follow.
Admittedly, today is a bit of a rant. Many representatives of the Big Five
1 have been quoted as saying eBooks and self-publishing are killing the publishing industry
2. At a minimum, many articles in general have been waving that colored banner rather vehemently. I will say such chatter has died down as of late, especially from the Big Five...but that's because everyone has definitely called, "Bullshit" on their claims. Wasn't it just last year that Amazon announced eBooks outsold print?? I'm just sayin'.
The article above illustrates just how much money publishers are making on the backs of authors. What has always burned me is how those publishers have complained like a whiny kids at a lemonade stand that their sales have dramatically declined and they blame eBooks and self-publishing. What specifically ticks me off is it's completely UNTRUE!!! Well...in all fairness, it was a twisted truth. Their PRINT sales dramatically declined. But while they were whining and wailing to the world about their woes, tons of money was coming in through the back door of their digital sales. Self-publishing didn't invent eBooks. It just made it more lucrative and accessible for the author. Publishers were already putting out their own eBooks. Self-publishing just made it a popular purchase.