Only 40 Self-Published Authors are a Success, says Amazon

Originally posted on Claude Forthomme's Blog about Social Issues and Books:
The cat is out of the bag, finally we know exactly how many self-published authors make it big: 40. Yes, that’s not a typo. 40 self-published authors “make money”, all the others, and they number in the hundreds of thousands, don’t. This interesting statistic, recently revealed in a New York Times article, applies to the Kindle Store, but since Amazon is in fact the largest digital publishing platform in the world, it is a safe bet that self-published authors are not doing any better elsewhere. “Making money” here… Continue reading Only 40 Self-Published Authors are a Success, says Amazon