'Gold Rush' in Self-Publishing

Last year, romance novelist Nyree Belleville was dropped by her publisher. Today, she might tell you it was one of the best things to happen to her writing career.

The author of 12 titles under the pen name Bella Andre, the most Belleville made from her books through her publisher was $21,000.

Depressed, she decided to try self publishing her work. At first, the profits trickled in. Before long, they were gushing in. According to The Washington Post, after the first few weeks, Belleville made $281. The next month it was $474. When she self-published a new ebook in July, she made $3,539.

So she started publishing manuscripts she’d written years earlier. By the end of her first quarter, Belleville had sold 56,008 books, raking in $116,264.

If that doesn’t make every unpublished writer want to run out and self-publish, I don’t know what will.

But wait.

The article by Neely Tucker also includes some more sobering statistics. Mark Coker, founder of Smashwords.com says in the article, “We have less than 50 people who are making more than $50,000 per year. We have a lot who don’t sell a single book.”

The article also quotes Jeff Belle, Amazon’s vice president of books. “There are a lot of books, even low-priced, on Kindle that are not selling at all.”

Oh.

Well, that’s a downer. Still, given the changing publishing landscape, and the success of self-published authors like Belleville  and Amanda Hocking, all writers – published and unpublished – should probably be exploring all of their options.

Read the full article here.

St. Martin's Acquires Hocking's Previously Self-Published Ebooks

Self-publishing sensation Amanda Hocking continues to blaze her own trail.

She’s just sold her previously self-epublished Trylle trilogy to a traditional publisher. St. Martin’s Press will publish the best-selling trilogy as both ebooks and treebooks.

On her blog, Hocking says the story will not change but that the books will be more polished. In the past, Hocking’s books have sold for 99 cents. The prices are likely to rise but Hocking expects them to remain lower than most ebooks. She’ll contines to self-publish the trilogy for the next few months at their current prices. 

Hocking, 26, first made headlines for selling more than a million copies as a self-epublished author. Three of her self-epublished young adult paranormals appeared on the USA Today top 50 bestseller list.

In March,  she signed a four-book deal with St. Martin’s Press for a new series called “Watersong.” Bidding is said to have reached over $2 million for world English rights.

Self E-Publishing Phenom Scores Big Money Traditional Book Deal

The New York Times reports that self-epublishing sensation Amanda Hocking has landed a four-book deal with St. Martin’s Press, a traditional publisher.

The new series will be called “Watersong.” The Times reports that the bidding went over $2 million for world English rights. No comment yet from St. Martin’s. 

Hocking, 26, made headlines for selling more than a million copies as a self-epublished author. Three of her self-epublished young adult paranormals appeared on the USA Today top 50 bestseller list.

On her blog, the epublishing trailblazer explained why she sought a deal with a traditional publisher.

“I want to be a writer. I do not want to spend 40 hours a week handling e-mails, formatting covers, finding editors, etc. Right now, being me is a full-time corporation.”