Vanity Presses And Self Publishing Today
“Vanity publishing” or “subsidy publishing” describes an arrangement by which a publisher (a “vanity press” or “subsidy publisher”) creates bound copies of books for authors for a fee. There is generally no promise of sales assistance and the subsidy publisher does not keep a percentage of sales. While there are many similarities, “self-publishing” (also known as “DIY publishing” or “indie publishing”) is a more recent term that refers to the process by which an author publishes his or her own work into the trade book marketplace, hoping to sell it to a wide audience....