From the press release:
In December, international-bestselling author Seth Godin and Amazon (NASDAQ: AMZN) announced a new publishing imprint, The Domino Project--the first to use Amazon's new "Powered by Amazon" publishing program. Now Godin and Amazon are unveiling the first book--written by Godin--from The Domino Project, "Poke the Box," which will be published worldwide on March 1. Continue reading
He just posted some interesting numbers over on his blog:
Since 2004, Whiskey Sour has sold about 60,000 copies in print and ebooks. That's earned me about $54,000 not including foreign sales. (Not bad considering I got a $33k advance for it.)
Compare those numbers to The List.
In six years, I'll have sold 108,396 copies. Almost double what Whiskey Sour has sold. And I'll have earned over $200k--almost four times what I earned with Whiskey Sour.
I'd hope that this has the Big 6 worried. He's a solid mid list author who can prove that he's better off without them. They'd better come up with a pretty damn good reason why other mid list authors actually need a publisher. Otherwise, they're screwed.
From the Smashwords blog:
Oh, wow. After I finished the previous post about how the number of self-published books is exceeding the number traditionally published books, I clicked over to the Smashwords home page to discover our word counter ticked past 500 million when I wasn't looking.
Six months ago, I set a crazy goal for Smashwords to publish one billion words by the end of 2010. I called the challenge our Billion Word March. At the time, we had just published our 150 millionth word.