The Washington Post has a piece on the ebook self-publishing “gold rush,” but they include some balancing facts as well. For all the stories of impressive success, Smashwords founder Mark Coker says, “We have less than 50 people who are making more than $50,000 per year. We have a lot who don’t sell a single book.” Amazon’s Jeff Belle concurs: “There are a lot of books, even low-priced, on Kindle that are not selling at all.” Meanwhile, Barnes & Noble says PubIt, launched in October, features 14,500 authors and 90,000 titles (some of which come from Smashwords and others like […]
