September 16, 2015

CHANGE: Nearly half of all e-book sales dollars now going to self-published authors.

From an author-earnings perspective, in 18 short months, the US ebook market has flipped upside down.

But change in publishing isn’t limited to the ebook market.

Last month, a self-published indie PRINT children’s book — a trade paperback — was one of the Top five print bestsellers in the US for over two weeks, selling over 29,000 print copies in its first week and hitting #6 on USA Today’s combined Best Seller List. (An oddly-timed rule change that same week by the New York Times Best Seller List kept it from appearing on the NYT List.)

But the exciting news for indie print books doesn’t end there. Walmart will very shortly be carrying a self-published book on its store shelves: Jamie McGuire’s Beautiful Redemption.

Both pieces of news disprove the outdated notion that a traditional publishing contract is necessary if an author wants to achieve chart-topping PRINT sales, or to see their print book sold on Walmart shelves.

Old print distribution barriers are starting to crumble, just as they already have for digital.

We can’t help but wonder what the next 18 months will bring.

Bad news for the gatekeepers, I guess. Who could have seen this coming?

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