Exclusive: Indie Author Michael Wallace Signs 5 Book Deal With Amazon | David Gaughran

Fascinating post over on David Gaughran’s blog from Michael Wallace on why he signed a deal with Amazon’s Thomas & Mercer imprint:

My sales accelerated from a handful, to a bunch, to hundreds and then thousands. I sold over 20,000 books in April and nearly that many again in May. The Righteous climbed as high as the Top 20 on the overall Kindle Store.

A funny thing happened. Agents and editors started querying me. Most of the interest was in The Righteous, a series of thrillers set in a polygamist enclave. It was the same series that had been shopped already and had nearly been picked up for good money before everything fell apart.

What had seemed risky a couple of years ago, now seemed like a sure bet, with tens of thousands of sales to prove it. I had an agent already, and I decided to concentrate on the interest from Amazon’s Thomas & Mercer imprint.

via Exclusive: Indie Author Michael Wallace Signs 5 Book Deal With Amazon | David Gaughran.

Go Read This | E-books overtake US paperbacks

First off, don’t get TOO excited. The figures are very impressive, but they carry some health warnings the three biggest:

  • Ebook sales are undifferentiated whereas print sales are segmented
  • Thess are self reported and not the whole market
  • These may still be seeing post-Christmas loading by new ereading consumers

That said, the market is clearly growing VERY quickly still. Read the whole release from the AAP here.

Sales of e-books in February tripled over the previous year to $90.3m, the Association of American Publishers reported, exceeding adult paperback sales of $81.2m.

A 169 per cent surge in e-book revenues since the start of the year contrasted with a 24.8 per cent decline in print book sales to $442m over the two-month period. February figures showed steeper declines in some print categories, with adult hardcover sales falling 43 per cent to $46.2m and mass-market paperbacks down 41.5 per cent at $29.3m.

via FT.com / Media – E-books overtake US paperbacks.

Go Read This | The Big Reveal Part II: How Many Copies of MOUSETRAPPED Have I Sold? « Catherine, Caffeinated

I didn’t think this, but fair enough! I’m impressed.

I know what you’re thinking. No, I really do. I can practically hear it through the screen. You’re thinking, 531 copies? Well that’s all well and good, but 348 of them were e-books, so she can’t say she really sold 531 books.

via The Big Reveal Part II: How Many Copies of MOUSETRAPPED Have I Sold? « Catherine, Caffeinated.

Quick Link: E-books cause publishers to cleave to tried-and-true authorsand series

The obvious next step is to first release books in digital unless they will definitely sell in print form. It’s like the blocks are falling by accident into place.

Similar to movie studios betting on well-known franchises to bring box-office gold, publishers want to market more blockbuster authors writing serial books featuring a distinctive leading character to lure repeat readers, as has been seen with the success of late Swedish author Stieg Larsson and crime fiction writers such as Michael Connelly.

via E-books cause publishers to cleave to tried-and-true authorsand series.

Go Tell Declan To SELF-PUB His Book

Declan Burke has asked for reader feedback on whether he should self-publish his book:

The basic idea is that I set up a project with a total amount that needs to be raised (€2,570). I let people know where and how they can pledge their €7, and hopefully 367 people buy into the idea. If the amount is raised within a specific time period (three months, say), then your pledge is accepted and transferred to my bank account, and shortly afterwards you receive your copy of A GONZO NOIR; if the total amount isn’t reached in a specified period, all pledges are cancelled and it costs nobody anything, except possibly yours truly’s pride. For more information on the Kickstarter project, clickety-click here.
So there you have it. Any takers?

I’ve read Declan for some time now and love his style and think he has been unfortunate not to a much bigger star. Please go tell him to try this out and when he does, please pledge him some cash!

Eoin