The future looks bright for those of us publishing ebooks! So long as congress doesn’t go and screw things up by passing ridiculous bills like SOPA.
USA Today reports:
“After graduating from college in 1980, Prescott had labored for almost three decades to become a best-selling novelist, writing more than 20 books under various names. He enjoyed critical praise and some successes.
But when 25 publishers passed on buying his thriller Riptide, Prescott thought the gig was up. Then, on a whim, he decided to self-publish it as an e-book.
Today, the soft-spoken Prescott, 51, is living his dream. He is one of 15 self-published authors whose e-books, often selling for just 99 cents, have cracked the top 150 on USA TODAY’s Best-Selling Books list this year, threatening to change the face of publishing.
For Prescott and a handful of others, the numbers add up. Prescott says he has earned more than $300,000 before taxes this year by selling more than 800,000 copies of his self-published e-books.
Five of Prescott’s thrillers have logged a total of 42 weeks on USA TODAY’s best-seller list.
‘If someone in this year had told me I was going make a lot of money with e-books, I wouldn’t have believed him,’ Prescott says. ‘I thought maybe a couple of hundred dollars.’
E-books are changing the way authors and readers connect.
Today, authors such as Prescott can bypass traditional publishers. They can digitally format their…” [Read More]
Are you as excited as I am? Leave a comment and let us know what is on your mind!