The self-publishing industry has created a new publishing market that could potentially reach $52 billion, according to a new report from media technology firm New Publisher House. According to the report, this is twice as much money as the traditional book publishing industry in the U.S. brings in in its current total annual sales revenue.
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“Traditional methods of sizing the publishing market have hidden the real industry impact of the self-publishing movement,” stated James O’Toole, founder/CEO of New Publisher House.
Link to the rest at AppNewser and thanks to J.M. for the tip.
This is the first PG has heard of New Publisher House, but it seems to be a potential competitor for Smashwords that may be looking for crowdsourced funding.