Patterson 1st to sell 1 Million E-books?

http://www.switched.com/2010/07/07/...comes-first-author-to-sell-1-million-e-books/

He and his publisher Hachett are surprised that King or Douglas Adams were not the first but since there is no reliable reporting system, how are they sure Patterson is the first?

Still, I've always said if anyone is truly going to succeed in e-publishing it is going to be the larger publishers because they have the backing and authors already in place to make a quick jump. They can weather the start up easier than new publishers with no known names and little capital.

Torgo said:

As someone who works for one of the larger publishers, I can tell you that the concept of the 'quick jump' makes me chuckle. It's like turning an oil tanker around.

Click to expand...

Not sure why I noted quick jump because as we all know, publishers never do anything quickly. (Damn swifties...)

Still, my point is valid. Once a decision is made to go this route, the major commercial publishers are in a better position to take advantage of e-publishing with their established stable of authors, not to mention their own skills in advertising, and larger check books to back such ventures.

I wonder how long it will be before the large publishers start buying up the smaller e-publishers like Ellora's Cave, or Champaign Books and Double Dragon? After all, in business, once a start up company gets noticed, someone is always looking to buy them out. Look at how many are already partnering up with POD's such as createaspace to generate extra revenue.

Or am I missing something...

Case in point...