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The Cops, Crooks, Slingers and Slayers


One of the themes of 2012 has without a doubt been the rise of self-publishing.

We learned earlier in the year at Digital Book World that in 2012, self-publishing took a $100 million bite out of U.S. trade publishing revenues in 2011. Sounds like a lot but isn’t much compared to the nearly $14 billion in revenues the book business made in the U.S. that year. This year, the number is certain to be more.

Regardless of how you measure it, self-published books have had a huge impact on the publishing world in 2012. We’ve seen multiple deals where a self-published author was picked up by a major publisher after already banking huge ebook sales. One was a huge first for the industry: Simon & Schuster bought the rights to publish just the print edition of Hugh Howey’s Wool*. And if you look at the top-selling books of 2012 (Amazon, iTunes), several of them started out as self-published.

Today we saw another first for self-publishing. A self-published work was named to the best-books of the year list of the highly respected and ultra-tough book reviewer for the New York Times, Michiko Kakutani.

 

Visit Forbes for the full content…

 

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