Throughout the Penguin Random House trial, where the Justice Dept. seeks to prevent PRH from merging with Simon & Schuster, a variety of facts and figures have been presented from both sides about the Big 5 publishing industry. Few have covered the trial so well as
I read this just dumbfounded. Why would anyone use a traditional publisher with that kind of ROI? I've beat the odds on publishing a dozen by far, and I'm almost at the 2000 mark and that's without having the money to truly advertise. I'll likely go over the 2000 mark when my fantasy romance gets published (as soon as I finish editing it). As an independent author I get a higher percentage of revenue from each individual book and KU let's readers who aren't familiar with my work take a risk-free chance.
I read this just dumbfounded. Why would anyone use a traditional publisher with that kind of ROI? I've beat the odds on publishing a dozen by far, and I'm almost at the 2000 mark and that's without having the money to truly advertise. I'll likely go over the 2000 mark when my fantasy romance gets published (as soon as I finish editing it). As an independent author I get a higher percentage of revenue from each individual book and KU let's readers who aren't familiar with my work take a risk-free chance.
I'm confused about your clarifications of Friedman's stats... Do they include self-published books or not?