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Welcome to disruption. 26-year old Amanda Hocking is the best-selling "indie" writer on the Kindle store, meaning she doesn't have a publishing deal, Novelr says.
And she shouldn't. She gets to keep 70% of her book sales -- and she sells around 100,000 copies per month. By comparison, it's usually thought that it takes a few tens of thousands of copies sold in the first week to be a New York Times bestselling writer.
[edited by: incrediBILL at 2:49 pm (utc) on Mar 1, 2011]
This is the future of publishing.
Sells each copy from $0.99 to $3.
Keeps 70% of her profits.
Not the kind of fiction I am into but people wouldn't be buying it if it wasn't any good
At age 93, Stephane Hessel has endured and survived much. He survived world reshaping events like the Holocaust, the French Resistance and World War II. He is the last survivor of the delegates, including Eleanor Roosevelt, who drafted the Universal Declaration of Human rights.
Most of the population has the attention span of gnats and thatís what they want. Witness the growth of Twitter.
Sorry, that's just idiotic.
There's no need to denigrate sometime if you can't understand why a disruptive technology takes off and blooms.
Disruptive technology? E-books have been around quite a while.
Somehow these "penniless folks" have managed to snatch the market right out from under the major publishers and even Google. File that under never.
Bill, Bill youíre smarter than that.