China’s self-publishing portals are offering writers access to vast audiences and earning them staggering royalties, and turning some into multi-millionaires.
Out of Print, the film documentary by Vivienne Roumani about the state-of-affairs in the book business and the culture of reading in America circa 2013, is worth seeking out.
FastPencil partnered with Evernote to offer the ability to self-publish Evernote notes as print and ebooks, as well as offer distribution and sales.
On the Kindle forum, Amazon said it wants to price most ebooks at $9.99, claiming lower prices will sell more books and return more money to authors. Many disagree.
Over five years, the Yale Publishing Course has reflected changes in this fast moving industry and helped propel mid-career professionals to new heights.
The Folio Society, the UK publisher of up-market limited editions, is moving into retail, innovating in print, and continuing to seek out the best writers have to offer.
In the UK, the Society of Authors’ chief executive claims that traditional publishers’ terms ‘are no longer fair or sustainable’ for author’s to make a living.
In New York Magazine, Kevin Roose states: ‘Software is eating the world. It’s also eating the book.’ He also doubts the future of dedicated e-readers.
With Pentian’s model for crowdsourcing books, it turns the backer into a self-interested investor. But like with any investment, one must be willing to gamble.
Spain’s Pentian crowdfunding platform for books offers a new business model: paying 50% of profits from book sales to backers of the book and 40% to the author.