Self-publishing pioneer, Lulu, recently pulled planned $70 million IPO, which has generated some discussion as to the future of this long standing service provider. As book publishing continues to push through its current industry-wide revolution, does this suggest that the early, free models are loosing viability?
One thought on “Self-publishing in the news”
Lulu charges much more to print books than CreateSpace or LightningSource do, but it still loses money every year. They are probably making many mistakes, and are a poor investment. I would not be surprised if they are bought by Author Solutions.
Michael N. Marcus
— Independent Self-Publishers Alliance, http://www.independentselfpublishers.org
— “Become a Real Self-Publisher: Don’t be a Victim of a Vanity Press,” http://www.amazon.com/dp/0981661742
— “Stories I’d Tell My Children (but maybe not until they’re adults),” http://www.amazon.com/dp/0981661750