- Ereaders a few years ago were pricey - picked up by mostly techies. Then several models were released - the Nook, the Kobo - and Kindle expanded its available servies into countries other than the US. Sony released newer versions of its ereader. Ereader price wars broke out.
- Authors, tired of wait times and low royalties and loss of control over their projects, started to look at self-publishing and the numbers of sales that ereaders were producing.
- Digital publishing became available for the common writer, as many self-publishing and assisted self-publishing options became available and the resulting books and ebooks were of good, possibly even great print quality (read: as good as a traditionally produced book).
- Agents continued to turn their noses up at those who dared to go the self-pubbed route, touting it as a last resort for desperate writers, until ebook sales took off with many dozens of authors making a reasonable living off their ebook versions.
- Agents began to scout through Amazon for authors and their "tested" books - those that had proven their worthiness by either great sales or great reviews, or both.
- Agents and self published authors began to work together, obtaining traditional deals that gave the authors and their "proven" books a far greater distribution pathway.
- Ebook sales outpaced hardcover sales and royalties for self published projects left the traditional royalty rates in the basement.
- Ereader sales exploded, suggesting that the sales numbers for ebooks are also going to increase dramatically.
- Some ebook authors turned down agents' offers for representation ( yes, TURNED DOWN!)
- Agents are still authors' best route for foreign rights and film rights - authors do not have much experience in contract negotiations/royalties in these areas.
Wednesday, January 19, 2011
Adapt and Survive - Tsunami of Change in the Publishing World
Since I entered the writing arena in 2009, things have changed in the publishing world at a dizzying pace.