Economics of Digitial Self-Publishing
Aspiring authors with an interest in digital self-publishing would be wise to review this June 3rd article from the Wall Street Journal: ‘Vanity’ Press Goes Digital. One of the big factors driving the viability of self-publication is this month’s changed revenue split with Authors by Amazon – rising from 35% to 70% for e-books priced from $2.99 to $9.99.
The article breaks down a lot of the economics involved, especially for authors with a smaller fan base:
. . . [more]“Some people will be tempted by the 70% royalty at Amazon,” Mr. Nash says. “If they already have a loyal fan base,