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Amanda Hocking: Bidding War Over Young Adult Paranormal-writing, Self-publishing “Kindle Millionaire”

Amanda Hocking

We have previously reported on the success of Amanda Hocking, the self-publishing author who has drawn a large following with her young adult paranormal book series. Now, Hocking has signed a four-book deal with St. Martin’s Press, part of the publishing house Macmillan. Several major publishers like Random House, Simon & Schuster and HarperCollins dropped out of the bidding when the price rose beyond $2 million:

The next time someone mentions “the young adult paranormal genre” … try not to look so stupid. News that 26-year-old Minnesotan Amanda Hocking, aka the “Kindle millionaire,” has signed a seven-figure, four-book deal with St. Martins Press got around very fast. On the New York Times blog Media Decoder, Julie Bosman writes: “A heated auction for the rights to publish her books began early last week, and several major publishers, including Random House, Simon & Schuster and HarperCollins, dropped out as the price climbed into the seven figures.

Here’s a video interview with Hocking in which she talks about already earning about a million dollars from her Kindle royalties:

YouTube Preview Image

Photo courtesy SaffinaDesforges

 

Recent comments:

  • <a href="http://www.allafricanbooks.com" rel="nofollow">AllAfricanBooks</a>
    AllAfricanBooks
    March 29th, 2011 @15:33 #
     
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    I think her story is very inspiring and encouraging too particularly to all young writers who are still trying to find their way and to all young men and women out there who are striving to break through in their respective industries. As for me I am not giving up, not now not ever.

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  • <a href="http://www.darlingtonrichards.com/" rel="nofollow">moi</a>
    moi
    March 29th, 2011 @15:55 #
     
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    I love this grrl. She seems not only a great author but to be a very savvy lass too - more 'specially when read from the horses mouth rather than filtered thru the hype

    http://amandahocking.blogspot.com/

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  • <a href="http://www.darlingtonrichards.com/" rel="nofollow">moi</a>
    moi
    March 29th, 2011 @15:56 #
     
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    herewith the ' missing from above... :-(

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  • Ben - Editor
    Ben - Editor
    May 24th, 2011 @11:44 #
     

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