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http://janefriedman.com/2012/07/20/s...of-the-future/

Some writers have reacted to the news by saying, “This means self-publishing is the future!”

This is a misunderstanding of Author Solutions on a variety of levels, as well as what Pearson might have to gain from acquiring them. Two-thirds of Author Solutions’ revenue comes from selling services to authors—not from selling books.

Saying that this is the future is kind of like saying: “Authors paying hundreds and thousands of dollars to publish a book that never sells more than 100 copies is the future! Yay!”

This is how confused writers are.

But I know what they’re thinking. They see self-publishing in terms of all those success stories you hear about in the media—like JA Konrath, Amanda Hocking, and John Locke.

Well, I challenge you to find one of these phenoms that used Author Solutions as a service provider. Rather, the self-publishing authors making big bucks are folks primarily using Amazon KDP or related “free” services.