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Novel rejected? There’s an e-book gold rush!

Washington Post – “There is no good comparison for what’s happening in the frontier world of self-published e-books, because there has never been anything like it in publishing history.

Since Johannes Gutenberg developed the printing press in the 15th century, publishers have pretty much owned the presses, the means of mass production and, therefore, of distribution. Save for tiny “vanity” printings, for the intervening 500 years or so publishing houses have controlled who was able to publish, how many copies were printed, the price and the percentage of profits paid to writers (in modern America, usually about 10 to 15 percent of the list price.)”

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