Digital e-Reader Book Publishing Expands to Millions
If you are a wanna be writer and want to have your book published, it is not like the old days. The Amazon Kindle and Barnes and Noble, Nook, have forever changed it that allow anyone with a complete book to e-publish their book on their site.
It all started a few years ago, November 2007, when Amazon produced its Kindle e-Reader. Then, in October 2009, Barnes and Noble produced its, Nook e-Reader and made 700,000 titles available. Apple joined the competition in April 2010 with its iPad tablet.
Some 25 million readers now own these devices and download far cheaper books than those in print, as cheap as $1 to 10, At the end of 2009, there were only 9 million readers. Money spent on the e-reader has risen from $300 million a year in 2009 to $1.3 billion today!
Who is the dominant e-Publisher with e-titles, Amazon. B&N only has a 25% share of the market. As an example, the book, Wicket Lovely, a young adult book by Melissa Mar sold over 20,000 copies at only $1. The same book in print costs well over $12. It is a perfect venue for unknown authors because the risk to a buyer is almost nil at $1-3 for a title.
Amazon's Kindle since April has sold 105 Kindles for every 100 printed books and it sold three times more Kindles than at the same time last year. The revenue from digital books last year came to $966 million and by 2015, this amount will triple.
If you ever have wanted to be an author, there is no better time than now with e-books!