Monday, June 27, 2011

The New Midlist: Self-published E-book Authors Who Earn a Living

Publishing Perpectives
Everyone knows the superstars of self-publishing, but many others are earning a living, selling foreign rights, and being courted by traditional publishers.
Most self-published authors can never hope to reach sales in the hundreds of thousands for a single month, but there are more than a few who sell anywhere from 800 to 20,000.
Not only are these new mid-listers selling a lot of books, but they are also receiving significantly more money from each sale (the industry standard is a 25% royalty of net sales for e-books under contract by a big-six publisher). If a self-published author sells their book for $2.99 – $9.99, then Amazon will pay 70% ($2.09 – $6.99). Compare this to the $1.22 per book income (which needs to be shared with an agent) for a $6.99 e-book sold through a publisher.


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