The Guardian (blog) The digital truths traditional publishers don’t want to hear
“Digital book distribution is available to anyone who wants it.”
I was interested to read insights by Barry Eisler, best-selling traditional and now-self-published author. He asked the question, “The choices are good for writers, so why are legacy publishers so angry?”
Book distribution via paper publishing has been in existence forever, until the introduction of Amazon Kindle in 2007. Has it only been 6 years? The writer could hire out everything EXCEPT distribution. Now the tables have clearly turned. The writer has the world at his or her fingertips.
85% of a writer’s revenues were turned over to the book distributor for an entire publishing package. A writer can now take 70% of the profits their self-published book between $2.99-$9.99 on Amazon.
Traditional publishers are scrambling. Who’s in the driver’s seat now?
***This review was written by Penelope Silvers for her curated content on “Writing for Kindle”***
Link to the full article: http://www.guardian.co.uk/books/booksblog/2013/apr/29/digital-truths-traditional-publishers
See on www.guardian.co.uk