Originally Posted by Andrew H.
The vast majority of successful musicians still use record labels; the idea that digital distribution would do away with record labels has been proven false.
This doesn't mean that book publishers will stay around, but it's certainly not evidence that they will go away.
What digital distribution has done is given us a lot more choices. If what the record labels aren't to your taste, you can bypass them. If the record labels won't sign you, you can bypass them.