Today, anyone who can type and has an internet connection can have her book for sale at the world’s largest bookstore — Amazon — in a matter of hours.
If an author can go to Kindle Direct Publishing or Barnes & Noble’s PubIt!, instantly publish their own book and then collect up to 70% of the sale price as a royalty as opposed to the 15% to 25% that many traditional publishers offer on e-books, why wouldn’t they?
That’s a question that many authors are asking themselves in the e-book era. And publishers are answering it.
Several major book publishers have recently come out with aggressive statements asserting what they do and all the work that goes into publishing a successful book. Publishers are now openly competing for author talent with self-publishing sites.
So, what do publishers do?” Read more here: