Feeds

Stephen King reveals The Plant profit

Not 'Big Publishing's worst nightmare' after all

  • alert
  • submit to reddit

High performance access to file storage

Horror maestro Stephen King has revealed he made nearly half a million dollars from his e-book experiment The Plant.

The US author received a total of $721,448 from readers, who voluntarily paid their dollar for the first three instalments, and $2 for the last three. After expenses, such as advertising and site maintenance, King said he made a grand profit of $463,832. While the publishers made nothing.

He suspended the project in December after six chapters. Despite sales wilting for later sections of the book (120,000 eager surfers paid to download the first instalment, but only 40,000 downloaded the fifth, with many not paying), King vows to return to the book. "The Plant is not finished online. It is only on hiatus. I am no more done than the producers of Survivor are done. I am simply in the process of fulfilling my other commitments."

King said the e-book, which netted the same profit as his first online experiment Riding The Bullet ($2.50 a pop), had been "quite successful".

But King, who added that many people came up to him and said the couldn't wait to get their noses buried in The Plant "when it's in book form", cautioned against reading too much into the profit figures.

"Neither the sums generated nor the future of publishing is the point. The point is trying some new things; pushing some new buttons and seeing what happens," his Website states.

Back in July King threatened the project could become "Big Publishing's worst nightmare". ®

Related Stories

Stephen King set to net $1m from online experiment
King lets fans pay after reading horror online
Stephen King e-book runs out of steam
Stephen King e-book cracked and distributed free

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.