Speaking of New Models for Self-Published Authors . . .
"Reedsy —a U.K.-based publishing startup that connects authors with editors, designers and marketers who can help them with their projects—has announced a new service to help them called Reedsy Discovery. Reedsy Discovery, which launched today, will let readers know about books its expert reviewers have recommended every week. Those who join are able to look through curated “bookshelves,” preview chapters and connect with other readers. Reedsy Discovery will also issue a weekly newsletter of top books in popular genres and books curated by trusted reviewers. It will also offer a leaderboard where readers can vote on their favorite titles."
"In the not so distant past, self-published books, issued by 'vanity' presses, were often dismissed as work that could not pass muster with traditional publishers. That’s changed, thanks to self-published best sellers such as Rich Dad, Poor Dad by Robert Kiyosaki, The Celestine Prophesy by James Redfield and Switched by Amanda Hocking. The Martian, by Andy Weir, was adapted into a 2015 film starring Matt Damon.
"Today, many entrepreneurially-minded authors prefer to self-publish, so they can keep a greater share of the cover price than they would if they went the traditional route, where a commercial publisher takes a large cut. There were more than 1 million independently published books in the U.S. in 2017, compared to 300,000 conventionally published books, according to data that bibliographic information provider Bowker released in October 2018. Self-publishing grew at a 28% rate, a sharp increase over the 8% increase the previous year."https://www.forbes.com/sites/elainepofeldt/2019/03/04/new-platform-connects-self-published-authors-with-readers/amp/