Congrats to Amanda Hocking for using a traditional publisher to further her writing career. She did the right thing seeking out a traditional publisher and the reason is clear – she wants to be a writer – not a book marketer, editor, designer and distributor.
The caveat here is her content. She has the content that sells – when she writes, it sells. She can afford to give away a large piece of her royalties so she can spend more time writing.
So should every self-published author seek out traditional publishers for their work. Maybe, yes and maybe, no. Some authors like JA Konrath took the reverse course – he went from traditional publishers to self-publishing because he could get a bigger piece of the publishing pie, especially on his traditionally-published books that went out of print. Even luminary Stephen King experimented with self-publishing a few years back.
A new trend is emerging as traditional publishers go digital. Currently, a self-published author could get their work in front of more people as an eBook than a printed book. This is still true, but as more and more traditional publishers go digital, they can offer both – significant eBook exposure as well as print book distribution. They will take a larger piece of the pie, but if your work is selling well, it is worth going with a traditional publisher.
Here’s the Amanda Hocking story from The New York Times.
If any writer proved that modern self-publishing could be a pretty sweet deal, it was Amanda Hocking.
Amanda Hocking, who has self-published nine books.
In the past year Ms. Hocking, a 26-year-old from Minnesota, became an indie heroine in the literary world for publishing nine books that sold a total of more than one million copies, nearly all of them in e-book form, earning almost $2 million for her efforts.
But for Ms. Hocking, self-publishing has had its limits. On Thursday she announced that she had sold a four-book series to St. Martin’s Press, ending a frenzied weeklong auction that involved nearly every major publisher in the business, including Random House, Simon & Schuster and HarperCollins.
St. Martin’s, part of Macmillan, paid more than $2 million for the world English rights to the “Watersong” series, Ms. Hocking’s latest books in the young-adult paranormal genre. >more
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