From Publishers Weekly
- The Big Five traditional publishers now account for only 16% of the e-books on Amazon’s bestseller lists.
- DRM (digital rights management) “harms e-book sales at any price point.”
- Self-published books now represent 31% of e-book sales on Amazon’s Kindle Store.
- Indie authors are earning nearly 40% of the e-book dollars going to authors.
- Self-published authors are “dominating traditionally published authors” in sci-fi/fantasy, mystery/thriller, and romance genres but — and here is the surprise — they are also taking “significant market share in all genres.”
Great article. Thanks Joel for sharing it!