Interesting to see the way publishing has changed and how the bundle of rights to literature creativity has evolved to the extent that e-books are at the edge of the wave now. From AK Rowling to the aspirant…good article to read in full.
“The ability to publish and sell directly to readers, however, is far from unique — as we have written about a number of times here at GigaOM. Amanda Hocking is the most obvious example of what can happen when even an “undiscovered” author decides to do direct: after making an estimated $2 million or so in less than a year by selling her own e-books via the Kindle publishing platform, Hocking was signed to a $2-million publishing deal. Some other authors, meanwhile, have gone in the opposite direction, turning down traditional publishing deals in order to sell direct to their readers.
J.K. Rowling may have only just discovered the virtues of e-books, and the benefits of selling directly to readers, but there is a whole generation of young authors who are looking to Amanda Hocking and other authors like million-selling writer John Locke as models for a new way of publishing — and the shockwaves of that disruption are only just beginning to be felt in the traditional publishing industry.”