And there's a lot happening.
A new title.
There's something new. Authors who start out putting their own book up for sale and later accepting print deals are now called 'hybrid authors'. Agent Kristin Nelson explains what's going on with hybrid authors.
One of those authors is Nelson's own Hugh Howey, the author of Wool. Nelson (and many other agents) courted him. A nice way for things to work out, right? Check out Howey's own account of how things went down.
Another author enjoying great ebook sales that led to a print deal is Jennifer L. Armentrout, with her book Wait for You. Forbes published an article on her, titled The Fast-Track to Making a Million Dollars from Writing Books.
A new perception.
There used to be quite a stigma attached to those who took on publishing themselves. There's still some stigma, but not like it used to be. In fact, indie authors are increasingly proving that they don't need publishers at all--or might accept them on their own terms. Check out this post called Self-Publishers: The New Generation of Cool Kids.
Even the Big Six (or five) are discovering huge sales in the ebook market. Lucrative electronic sales were documented by Publishers Weekly.
A new opportunity.
Many authors are discovering the benefits of publishing single short story titles and anthologies in ebook form. Author and writing teacher James Scott Bell promotes this idea. He's got a nice list of traditionally published books, but found extra money by publishing his short story titles. His article (which includes some great plotting info for short story writers) will encourage writers who have found little success querying literary journals. And speaking of literary journals, it was fascinating to read how one writer used an actual New Yorker story to query literary journals. His results are worth reading in The New Yorker Rejects Itself: A Quasi-Scientific Analysis of Slush Piles.
A new perspective.
Pricing ebooks remains a murky area. With hundreds of thousands of individuals making their own decisions, as opposed to a handful of long-standing publishers, there's a huge number of different ideas on pricing. One idea is to offer the first book in a series free, in order to entice readers to take a chance on a new author. Writer Jordyn Redwood examines this idea in Is Free Always Good? On the other hand, some authors believe that free or low-cost pricing devalues the product. Dean Wesley Smith makes some pertinent points on the subject in The New World of Publishing: Book Pricing from Another Perspective. Definitely worth some consideration.
So where do you fall? On stigma, pricing, perception, etc. Is the idea of going the indie route attractive to you? Have you already taken the plunge?