The Very Rich Indie Writer

Meet Amanda Hocking. She’s been in the news for quite a bit now, and I’ve been meaning to write about her since January (or really, to write about the phenomenon she represents – and what it means for web fiction). But if you don’t already know of her, allow me:

Amanda Hocking is 26^* years old. She has 9 self-published books to her name, and sells 100,000+ copies of those ebooks per month. She has never been traditionally published. This is her blog. And it’s no stretch to say – at $3 per book¹/70% per sale for the Kindle store – that she makes a lot of money from her monthly book sales. (Perhaps more importantly: a publisher on the private Reading2.0 mailing list has said, to effect: there is no traditional publisher in the world right now that can offer Amanda Hocking terms that are better than what she’s currently getting, right now on the Kindle store, all on her own.)

And that is stunning news.