My fantasy series, The Tale of the Lifesong, has been available as an ebook via Amazon Kindle for six months. During this period, my Kindle ebook sales increased to the point that they now make up 20% of the average monthly sales (print and digital). Although the ebooks are available in other formats via Smashwords (Apple, Sony, Barnes & Noble, etc.) Amazon outsells the rest by a multiple of more than 10.
We live in exciting times. Ebooks are much more profitable for authors and publishers: the royalty is now around 60-70% and there are no logistical or print costs.
So the success of ebooks is a big deal, especially for new fantasy authors whose books are (a) long and (b) likely to be printed in a short run (until the market decides that you are the new J.K. Rowling, J.R.R. Tolkien or Robert Jordan) and (c) sold to an international market.
First, Amazon made it easy to publish directly via their excellent Kindle Direct Publishing system. Then they insisted on low ebook prices. Then they pummelled their customers with Kindle ads. And thanks to their free reader software, you don’t have to own a Kindle device to read a Kindle ebook. The future was looking bright for ebooks … until, at the end of 2010 I received a message from Amazon that stopped me in my tracks:
Dear Publisher,
We are excited to announce Kindle book lending (http://www.amazon.com/kindle-lending)[...] allows users to lend digital books they have purchased through the Kindle Store to their friends and family. Each book may be lent once for a duration of 14 days and will not be readable by the lender during the loan period.
All DTP titles are enrolled in lending by default. [...]
Sincerely,
Amazon Digital Text Platform
Borrowing an ebook? You get it from your friend, for free? How is that different to pirating?
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