AuthorHouse UK, a self-publishing outfit which is a subsidiary of the AuthorHouse of Bloomington, Indiana, has put out a press release (noted by booktrade.info) which explains a new deal that it has struck with Waterstone's, which is the UK's largest bookseller.
AuthorHouse UK and Waterstone's will combine to offer a Waterstone's self-publishing package. This will include, among other things, guaranteed shelf space for self-published authors in Waterstone's flagship store at 311 Oxford Street in London.
Well, if nothing else, this is interesting. But what is even more interesting is the quote from Scott Pack, the buying manager for Waterstone's. 'Big publishers do not have the monopoly on good books,' he says. 'Some of the most exciting books we see nowadays are from small independent publishers or self-published authors.'
And that, you have to admit, is definitely a bit different from what we have heard before.
The press release also tells us that Waterstone's has hosted a book signing with Luke Rhinehart, author of The Dice Man. Rhinehart was originally published traditionally, but choose to self-publish his latest work through AuthorHouse UK.
'We're starting to see this trend in the United States as well,' says Bryan Smith, President and CEO of AuthorHouse. 'Traditionally published authors are coming to AuthorHouse to regain control over their work. These authors understand the importance of owning their copyrights and maintaining editorial control. Consequently, they also reap the financial benefits of higher royalty payments on books sold.'
Hmm. As I say, interesting. No guarantee, of course, that you will sell any books, but no one can reasonably argue that it's hard to get a book into print any longer.