I liked this excerpt from the following post: "One topic that did come up and raised some eyebrows from both panelists and moderator, as well as the audience, was the current practice by some literary agents of taking fifteen percent commission on everything the author does related to publishing, whether they were instrumental in the deal or not. Penn brought this up, referring specifically to agents who represent a traditionally published author, yet who demand fifteen percent on any self-published projects the author pursues; this can also translate into a commission on the fees earned from speaking engagements that the author set up, participating in an anthology apart from the agent, and more."
Enter wattpad - where readers can have a view of any writer's work, and a say in how it's progressing. Now we can have a "mob-authored" (or at least a "reader-assisted") book publishing. Just the way I need to do my own next book.
Here's where an already-established literary star got onto Wattpad in order to write a very dark work (unlike her other bestsellers completely) which she figured she'd never be able to sell through her existing publishing house.