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.
- New York Times Reviews Self-Published Book (forbes.com)
- Simon & Schuster Introduces Self-Publishing Service (mediadecoder.blogs.nytimes.com)
- Michiko Kakutani Reviews Calvin Trillin in Calvin Trillin-Style Verse (observer.com)