Preparing for the event, I visited most of the French publishers and came to realise how blind they were to the looming earthquake. They viewed their ability to line up great authors as a seawall against the digital tsunami.Link over and read the full article.
Trade blogs and publications are filled with tales of out-of-nowhere self-publishing hits, or of prominent authors switching to DIY mode, at once cutting off both agent and publisher.
At some point … Amazon will "own" the entire talent-scouting food chain.
Despite a dizzying price deflation (with ebooks selling for $2.99), higher volumes and higher royalty percentages change the game.
Again, aspiring (or proven) authors need to cool down when looking at such numbers. The Kindle Million Club mentioned above counts only 11 members to date – and most were bestselling authors in the physical world beforehand.
Personally, I love my iPad and enjoy reading on it. And I know a lot of authors who have turned to e-publishing. But I’m wondering if the tier of authors will soon look like the tier of print published authors with a very few at the top and the rest trying to keep their heads above water to get noticed. On the other hand, do those authors have a better chance in the e-world than they did in getting an agent to notice them, a publisher to want them and help to promote them? What do you all think?