Amanda Hocking signs 2M+ deal with St. Martins

To be honest, I didn't think a big-six firm could cough up enough $'s to get Amanda to sign. After all she sold 1M books in less than 1 year making between somewhere between $350,000 and $2,093,000 Let's call it $1M to 1.5M. But it just goes to show you that its not always about the money. As no doubt she woudl make more than that if she would have self-published them.

I'm very happy for Amanda - and I think it is totally the right move for her. She stated that she wanted to spend more time writing and less time on other things - and this will help with that but I'm not sure it will just poof and go away.

EDI: One interesting quote I saw in the NYT announcment article:

"Publishers, weary of hearing about their disposability in an age when
writers can self-publish their work on the Internet and sell it on Amazon.com,
said they were vindicated by the news."