Lazy Literary Agents In Self-Publishing Money Grab via Argo Navis Bewares Publishing

I was at the London Book Fair last week – and I’ll be blogging about that soon – when the news broke that David Mamet is to self-publish his next book. His reasons? “Publishing is like Hollywood—nobody ever does the marketing they promise.” While I think it’s great that someone as high-profile as David Mamet is self-publishing, I was very disappointed to find out the way he’s doing it. Self-publishing is big business. By my estimates, self-publishers have captured 25% of the US ebook market. It can be lucrative on the individual author level too, with writers getting up to 70% royalties if they publish themselves. The reason why those percentages are so high is that self-publishing allows you to bypass the traditional Read More…