The Profit-Sharing Translation Model – First Title Released Publishing

First of all, an apology. After my move to London last month, it took longer than expected to get settled. I’m finally back online, working off a dodgy mobile connection – but at least it’s something. While I’ve been wrestling with estate agents, recruitment agents, and insurance agents over last six weeks (what is it with agents?), a lot has been going on. I’ve been selling quite a few paperbacks – both online and offline (direct to indie bookstores) – editing my next novel for release in July, working on a dystopian novella, and sketching out notes for the rest of the books I want to release this year. I’ll cover all those topics over the next couple of weeks, Read More…

Share The Wealth: A Radical Solution To Translation Costs

The opening of Amazon Spain on Wednesday and a planned Kindle Store for later this year, as well as widely rumored expansions into France, Italy, and India, has many writers thinking about international markets. In my blog post on Friday, I discussed the opportunities that present themselves in Spain for self-publishers who aren’t hamstrung by territorial restrictions and whose competition will be high-priced books from local publishers, which Amazon are legally prevented from discounting by more than 5% for the first two years of publication. Several commenters pointed out that for most writers the cost of a professional translation is prohibitive (running to several thousand dollars per book). And you really need a professional to do the job – automated software Read More…

Amazon Rakes In More Cash, And Spends It Wisely

Amazon announced its Q2 results yesterday, and the growth was stunning – net sales were up 51% on 2010, topping out at $9.91bn for the three month period ending June 30. Founder and CEO Jeff Bezos said that “low prices, expanding selection, fast delivery and innovation are driving the fastest growth we’ve seen in over a decade.” He also noted that the Kindle 3G with Special Offers (priced at $139) quickly became their bestselling Kindle. As usual, no exact numbers were given. Those deep pockets just keep getting deeper. But what are they doing with the money? Despite this staggering growth, profits are down 8% on the same period last year. Why? Some of the details from Amazon’s press release Read More…