Wednesday, September 29, 2010

Joe Konrath’s e-book sales pass 100,000 mark - take that Hyperion

Joe Konrath’s e-book sales pass 100,000 mark | TeleRead: Bring the E-Books Home

"as of 9/21/10, his overall e-book sales had topped the 100,000 mark. He is selling over 7,000 e-books per month via Amazon alone, and Amazon represents almost 3/4 of his total e-book sales."

A great success story of a reasonably successful published author writing mystery novels (Jacqueline “Jack” Daniels) becoming financially self-sufficient and profitable by going it alone.

Suffice it to say Konrath is ecstatic about the distribution possibilities offered by e-books, is greatly disappointed by how his properties currently handled by traditional publishers are performing, and feels that publishers are pricing e-books considerably higher than they ought to.

So take that Hyperion. If you wise up now you can keep your A- and B-list authors and keep making some money, or you can keep e-book prices high and royalties low and end up with nothing as all your authors leave the sinking ship (note that I didn`t say rats)