distribution

Scribd.com: Opt-in, Turn-on, Opt-out?

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This post by Rich Meyer originally appeared on Indies Unlimited on 3/7/14.

For those of you who may have missed the news, Smashwords.com is now distributing their books to Scribd.com, an online e-book subscription service. If you’re not familiar with Scribd, think of them as the Spotify or Netflix Streaming of e-publishing: Subscribers pay a monthly fee and then can download and read as many books as they want. Authors will get a percentage of that, depending on how much of their book was read by the end consumer.

Here comes the first kick-in-the-pants for authors. If you compare things to, say, Spotify, the popular on-line music service, you’ll easily find references on the Internet to popular performers having their songs played millions of times and getting royalty checks in whole TENS of dollars. Supposedly, if Scribd is anything like the Oyster service, Smashwords authors will be getting 60% of the price of a book borrowed by a reader, as long as nearly 20% of the book is read. So unlike the great deal where an author using Amazon’s Kindle lending library through KDP might get $2 per lend for a 99-cent e-book, a Scribd book will net a writer 59 cents. And that’s only if the person reads 20% of it. Which is something I will come back to in a bit.

Scribd has actually said things will work out fine “if most readers read in moderation.” Umm … a reader who would consider a subscription service for books is more than likely not one that would read in normal “moderation,” whatever the hell that is. I consider myself to be a slightly-above average reader, and I’ve already read over sixty books since the first of the year. Imagine how many some of the power readers could do? Of course, if they read the whole book, then at least the author gets a bit o’ dosh for it. Unless … well, again, more later.

 

Click here to read the full post on Indies Unlimited.

Then, to get Smashwords’ side of the situation, please also see this post from Smashwords founder Mark Coker announcing the Scribd distribution deal and explaining the particulars.

 

The New World of Publishing: Can’t Get Books Into Bookstore Myth

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This post by Dean Wesley Smith originally appeared on his site on 2/14/14.

It Has Officially Hit Myth Status

When some of the biggest supporters of indie publishing and indie writers start going on about how they are giving up paper books to New York, I finally just shook my head and assigned all the silliness to myth status.

So, since I have the book Killing the Top Ten Sacred Cows of Publishing now out in both paper and electronic and available, I suppose it’s time I start into the next book: Killing the Top Ten Sacred Cows of Indie Publishing.

And Sacred Cow (myth) #1 is that indie writers, with their own press, CAN’T GET THEIR BOOKS INTO BOOKSTORES.

A complete myth.

Of course indie writers can get their books into bookstores. It’s not magic, it’s not hard, and it’s not even expensive.

Yet it gets repeated over and over like “You need an agent” phrase by traditional publishers. And indie writers buy right into it without question, the same writers who fight against all the crap that traditional publishers toss out.

That shows a flat, head-shaking lack-of-knowledge of how this system of paper book distribution works. Kris just banged her head on the same wall a couple weeks ago in her blog, and had all kinds of readers surprised that their books were already in bookstores when they went and looked.

Duh.

So this quick post is just a warning shot across the bow, folks. I recorded an entire detailed lecture on this topic tonight that will be ready next week, and I will be back here shortly (or after the Anthology Workshop that we are holding here at the coast is finished) with the first of the new indie sacred cows to be led to slaughter.

 

Click here to read the full post on Dean Wesley Smith’s site.