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Pan Mac acquires self-publishing star Hocking
24.05.11 | Graeme Neill
Pan Macmillan has bought UK and Commonwealth rights (including e-books) to seven books by self-published US sensation Amanda Hocking.
Julie Crisp, editorial director at Tor, bought the rights from St Martin's Press in the United States. Hocking was subject to an intense auction in the US for her novels, with Amazon emerging as a shock underbidder.
She self-published her first novel to Amazon's Kindle in April 2010 and has since sold more than one million books.
The deal is for the Trylle Trilogy and a new four-book series called Watersong. The Trylle trilogy will be published in spring 2012 and the first book in the Watersong series will be released in autumn 2012 in paperback and e-book format.
It is described as a romantic coming-of-age tale about two sisters and their struggle to do right by each other and the men they love.
Crisp said: "We're thrilled to have Amanda Hocking on the Tor UK list. She’s been incredibly successful at self-publishing her Trylle series already and we’re thrilled to be able to work with her in publishing these, and her new Watersong series, and helping her to reach a much bigger readership.
"She’s a wonderfully imaginative, original and accomplished writer and I’m sure she’ll be a worldwide sensation."
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Congratulations to Amanda Hocking and to all those involved. I am inspired by her story and her talent.
Elizabeth Loraine Indie author of Royal Blood Chronicles
Amanda sells around 100,000 copies/month $3 and $0.99
Her market is impulse, self-purchase and she gets to keep 70% of revenues
100,000 copies a month at average $2 retail @ 70% = $millions
I don't understand why she wants to give up 70% - it must be the glitz ad allure of being published but also it must allow her to reach another market.
Those are probably the reasons right there, Stephen.
It is because with a known publisher she can get her books in places like Borders and Barnes and Noble here in the US. She has lots of fans (me included) who cant find her books ANYWHERE in published form in the top chain book stores. I am jumping for joy! Cant wait for her book Virtue to come out. The Trylle Trilogy is BY FAR one of my favorites in a series thus far (only Harry Potter and Twilight come close).
You'd think she'd look a bit happier though.
Great news for Amanda Hocking and uplifting to any indie! I'm not surprised she's gone the traditional publishing route since they gave her such good deals!
And it makes sense: she'll become as known in the real, conservative world of printed books as in the ebook world, and most certainly people will now pay more for her books: the 99cents price point is way behind her!
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