This part is also interesting. H.M. Ward wrote:
Someone asked about paper only deals – NO ONE IS INTERESTED. I thought that was insane, but it’s not. It lines up with Hugh’s report. Paper is not where the money is at- ebooks are. I made the NYT list this week. Ebook only rank was #7 and Ebook and paper combined was #8. No preorder. Minimal paper sales – a few hundred. That also lines up with what Hugh’s report. Which makes me think, there isnt a lot of money in paper and the risk is greater than the reward. I am trying to do paper distribution myself. It’s too early to say what will happen. I’ll let you know, but I’m thinking there is a reason why the trad pubs are backing off of paper sales. It’s not arbitrary, despite their other actions I think they’re right about paper.
If Indies stopped chasing paper, if they stopped thinking that paper would be the difference, well, that would be major.