In the last two blogs, I covered traditional publishing and independent (i.e., self-) publishing. This time I’ll cover all the other possibilities–that I know about. If there are some I missed, please write and let me know.
You’ve probably heard the term “hybrid publisher,” which originally meant someone who has both traditional publishing contracts but also self-publishes. (Today, with so many options, the hybrid might be doing several of any number of things.) The statistics at Author Earnings indicate that hybrids, as a group, are pulling in more author income that any other category. The usual, though not only, hybrid approach, is to self-publish, develop a following, then parlay that success into a traditional contract, which may only include print rights, or may be for a sequel or related work. In fact, they may come to you. Traditional publishing watches the Kindle bestseller lists carefully, and if they see a self-published author running up impressive numbers, they often contact them with an offer.
Amazon Publishing is a major force in today’s book world. (I’m not talking about Kindle Direct Publishing for self-pubbed eBooks, I’m talking about Amazon’s own traditional publishing branch.) When people talk about the Big Five, they are usually referring to the big corporations with New York offices (kind of like the Tonys only go to plays presented on Broadway). If Amazon were put on the list, in terms of sales, they’d be No. 3. With a bullet. While the number of books Amazon publishes is relatively small, their sales are significant. Are you surprised? Of course Amazon the retailer gives preferential treatment to Amazon the publisher.
Amazon’s contracts are among the most progressive offered today–usually for a set term, 50% royalty on eBooks, paid monthly, and allowing you to reserve subsidiary rights. Amazon has an imprint for every kind of book imaginable, including both genre and literary work. You do need an agent to approach Amazon Publishing, which means you’ll be giving a good chunk of your earnings to an agent. Unless…
…you go the Kindle Scout route (like I have, twice). Kindle Scout allows you to get into Amazon Publishing without an agent, and in much less time. They call it a crowdsourcing site, but in truth, the decision what to publish and what not to publish is based on many factors, not merely how many “nominations” your book receives. Like any other publisher, they choose the books they believe will be most successful.
A more genuine crowdsourcing alternative would be funding a book through Kickstarter or Indiegogo, or acquiring patrons through Patreon (which full disclosure: I have a page on). Kickstarter has funded many individual books, while Patreon funds the artist, allowing them to produce their work or provide mentoring to others. The patrons receive many rewards, so it should be a win-win for everyone. The magic of the internet is that, even if each individual makes a small monthly contribution, the aggregate could make it possible for the artist to create without being controlled or robbed by a big corporation. If you’re interested, please check out everything I’m offering on my Patreon page: https://www.patreon.com/willbern
BEWARE! The Big Five publishers now have vanity press lines (Simon & Schuster’s Archway Publishing, for one example). Don’t be fooled by the fact that it’s affiliated with a big company. If they ask you for money, it’s a vanity press. I don’t care if they call it a marketing fee or an editing fee or anything else. If they want money, it’s a vanity press, and if you think that will ever lead to anything good, you are simply kidding yourself. Don’t let the desire to tell friends you have a contract with a Big Publisher lead you to a poor decision. Your friends will learn the truth. This path can only lead to embarrassment.
The Big Five also have “digital-only” lines, that is, all they want is the eBook. They may or may not acquire the print right or audio rights, but they will only publish the eBook. These lines have proven profitable for the big companies–but not so much for individual authors. If you prefer this to learning how to self-publishing, that’s fine, but if you’re doing it because you think you will have great sales or the prestige of being affiliated with a big publisher, I would reconsider.
Don’t be overwhelmed by all the possibilities. Be delighted. When I started back in the 80s, authors basically only had one viable route to publication. Now we have many, and that’s good. I like anything that puts more power (and income) in the hands of the creators, the people without whom books would not exist.