Shaking the Publishing Industry Up

26-year old Amanda Hocking is the best-selling "indie" writer on the Kindle store and is making millions cutting out traditional publishers. Hocking keeps 70% of her ebook sales -- and she sells around 100,000 copies per month, each for $3, and some $.99. But that's the point: by lowering the prices, she can make more on volume, especially impulse buys. Hocking's fan base stems from her blog, not having had a contract with a traditional publisher in the past-- truly a self-made author. This is why Amazon may dominate. Read more.