Self - publishing and digital distribution enables authors to make their work widely discoverable and accessible with much less upfront investment and much higher potential to make money
without a publisher taking the lion's
share of royalties.
I guess there were some advantages, though; 1) Mass Financial gets its
shares listed on a US exchange
without going through the usual rigmarole, and 2) Mass Financial doesn't have to put up funds to purchase the Wabash mineral
royalty assets — instead they get both the
royalty assets and a lot
of cash (not only the cash on TTT's balance sheet at the time
of the split - off
of the industrial services division in March but also the $ 50 million raised by the recent rights offering) for being taken over.