This is the last homework assignment before our next session at Stanford on 10/22 and 10/29. More info on that here. Spaces are still available.
Authors JA Konrath and Barry Eisler are trendsetters in the self-publishing and eBook marketplace. Last spring, Eisler made big news by turning down a $500k contract for two books with St. Martin's Press to go the self-pub route. He later signed with Amazon, but that's another story. Here, he and Konrath talk over the changing face of the market, why Eisler did what he did, and the long-term prospects for making money in eBook sales. Some might say this is a great time to be an author. I hope you'll come to agree!
On a side note, I'm so convinced by what these guys have to say that I've jumped into the affordable eBook marketplace myself with both feet. I've just released THIS IS LIFE for Kindle and Nook, and plan to follow it with three more eBooks over the next 4 months! Stay tuned!
I've trimmed their Google Docs discussion to a more ABC-appropriate size. You can find the original material here.
The Rise of eBooks and Self-publishing
Joe: To the casual observer, you appear to be heavily invested in the legacy publishing system. They’ve been good to you, they helped you get onto the NYT bestseller list, made you wealthy with several large deals, and seem to have treated you fairly.
Barry: Well, I don’t know about wealthy, but I’ve been making a living writing novels for almost a decade now, which is a pretty great way to live.
Joe: You had six-figure and seven-figure deals. Logic dictates anyone offered a deal like that should leap at it.
Barry: You wouldn’t.
Joe: But I never had the treatment you had from legacy publishers. I would walk away from a big deal now, most certainly, because I have two years of data proving I can do better on my own.
However, what if a NYT bestseller were offered, say, half a million dollars for two books?
Or, more specifically, let’s say you were offered that.
You’d take it. Right?
Barry: Well, I guess not… ;)
[For more, read on, after the break! or Download the full PDF]