Was it just a matter of time? The news came recently that Penguin Group, one of the largest book publishers in the world, has acquired Author Solutions Inc (ASI), a leading provider of services for self-publishing writers, for $116 million. Penguin's CEO, John Makinson, waxed rhapsodic in … [Read more...]
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The Book Deal
The last laugh: If self-published authors owned the midlist
Mega publishers like Simon and Schuster and Random House could someday cede the midlist to a vast army of self-published authors. In that scenario, they'd focus instead just on blockbuster books by brand-name authors and celebrities. All the rest -- the literary fiction, the cookbooks, the … [Read more...]