Are self-published e-books a threat to traditional publishers?

Are self-published e-books a threat to traditional publishers?

A key possibility enabled by digital book formats is self-publishing. Using Amazon’s Kindle Direct Publishing (KDP) service, anyone with a manuscript can have an e-book available for purchase on Amazon within two days. Smartphones mean that the addressable market for e-books is basically the entire online population. Depending on pricing (controlled by the author), royalties can be as high as 70% and the KDP dashboard offers impressive data and control to authors.

To date, self-publishing has become a fairly large presence in the e-book sector, but the impact on the publishing industry as ...

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