Scott Pack on the influx of self-published work to ebooks:
So I welcome this influx, these previously unpublished hoards.
And here’s the thing: a ‘traditional’ deal is still the goal of most of these authors. OK, so there are many who have eschewed the system and will continue to do so but the majority would love the credibility, support and, er, lower royalty rate that a deal with one of the major publishing houses would bring. Most do feel that publishers add value and see the self-publishing option as a new route to being ‘discovered’. And if they remain undiscovered they are still able make a few quid, which can soften the blow.
I guess I’m one of these authors looking for a traditional deal. Frankly, I’d rather have professionals take care of the cover, copyediting, and so on. Many e-self-published writers feel this way. That’s the major plus against the minus of lower royalties.