Read on Novelr: The Very Rich Indie Writer
Amanda Hocking is 26* years old. She has 9 self-published books to her name, and sells 100,000+ copies of those ebooks per month. She has never been traditionally published. This is her blog. And it’s no stretch to say – at $3 per book1/70% per sale for the Kindle store – that she makes a lot of money from her monthly book sales. (Perhaps more importantly: a publisher on the private Reading2.0 mailing list has said, to effect: there is no traditional publisher in the world right now that can offer Amanda Hocking terms that are better than what she’s currently getting, right now on the Kindle store, all on her own.)
I have looked down my nose at e-books, mostly because I don’t like the threat to paper books, newspapers, etc. I guess I am an old fashioned paper snob. But, this post on Novelr shows me that I should be more interested in what is going on with e-book publishing.