Is self-publishing meaningful? Depends on what you mean by meaningful? And meaningful to whom? That makes sense.
Self-publishing has gained respectability, earned fans, made authors known, got many more books in front of many more readers AND earned mega-bucks for a ‘few’.
For most writers/authors, however, the money from self-publishing is NOT pouring in — BUT, their books are being read by many more readers than they would have under previous model/s.
For that matter, the money from traditionally published books did not pour in for most writers/authors either — since, under the traditional pub model, 10% of the authors earned 75% of the royalties 🙂
So, the stats are not significantly different between self-publishing and traditional publishing.
The following 10 minute video titled ‘Can self-publishing ever be meaningful’ with speaker Steven Lewis, a self-published author and digital media strategist with a sense of humor, delves into more self-publishing stats and fills out the word ‘meaningful’: