The less discussed, hidden profit stream in books are self-published Kindle books at 70% royalty can not only scale over time but with a back list of 5-6 books and continued PR…generate a middle class income most traditional authors never see. Once you boost unit profitability, niche audiences become profitable for authors who take on the publisher’s role.
Self-publishing does seem like a viable option for plenty of authors and I think Ross Barkan lays out all the benefits well in his post while also sharing the many benefits of traditional publishing: https://rosselliotbarkan.com/p/what-do-book-publishers-actually
The less discussed, hidden profit stream in books are self-published Kindle books at 70% royalty can not only scale over time but with a back list of 5-6 books and continued PR…generate a middle class income most traditional authors never see. Once you boost unit profitability, niche audiences become profitable for authors who take on the publisher’s role.
Self-publishing does seem like a viable option for plenty of authors and I think Ross Barkan lays out all the benefits well in his post while also sharing the many benefits of traditional publishing: https://rosselliotbarkan.com/p/what-do-book-publishers-actually