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Old 08-04-2010, 10:33 AM   #4
Nathanael
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Join Date: Jul 2010
Location: Shanghai, China
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Quote:
Originally Posted by neilmarr View Post
One is about an author who can actually make a living from his work, the other is about someone who measures his success by landing a traditional publishing deal.
I had all the same thoughts; just wanted to toss it out for other comments.

Quote:
Originally Posted by Worldwalker View Post
As Neil said, 2 successes and 749,998 failures makes for pretty long odds.
Pretty typical reporting, I agree: play up the anecdotals -- puts a personal face on things -- then try to scare up a story behind it.

We've heard similar anecdotals from some of our own MR authors vis-a-vis Amazon sales, of course. But the bottom line is we don't know what percentage of those 750,000 authors are "successful", becaue Amazon doesn't release those figures.

It does kind of tie in with my thoughts on the recent Amazon press release, however. Amazon claims to sell more ebooks than hardcovers, while admitting that hardcover sales were also up over the same period. That doesn't sound like ebooks are cannibalizing hardcovers; more like Amazon is growing a parallel ebook market which could be fueled by all these self-pubs.
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