Inside the Collapse: What Traditional Publishers Don’t Want You to Know About Their Imminent Demise
And, are you sitting down? According to AuthorMedia.com: 19% of books published by the Big Five houses sell a dozen copies or fewer!!!
Can you imagine being one of those authors who waited years to have their book published, only to have a dozen or fewer copies sell over the following years??? And remember, the traditional publisher owns ALL rights. You can’t simply start publishing your book yourself to bring in more money. Worse, many traditional contracts have a clause prohibiting the author from publishing a competing book elsewhere (or even publishing a competing one themselves).
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