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Seems to me it's inevitable. Books aren't like music, television, or movies, with production costing millions of dollars. There are no expensive studios, sets, actors, lighting, or ancillary media licensing. There's no craft services. Books are created by one person and edited by another, then they're ready to sell.
Distributing heavy pieces of paper across the world and getting placement in thousands of disparate brick and mortar stores is a daunting problem, close to impossible for an author on his own. This alone justified publishing houses' existence. It no longer applies.
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