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I wouldn't be surprised if there was a large number of us who would like to see "author, inc." paying editors and typesetters out of his pocket (bank loans for starting business?) and then distributing his ebooks directly from his web page.
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You certainly wouldn't see me cryin' if that came to pass.
The point is, things are changing. As much as publishers would love to see things stay exactly the same as they always have been, that ship has sailed. Ebooks and the internet have changed the equation. The question publishers need to ask themselves is; do we want to be
on the ship (even if our berth is now on the orlop deck)?... or do we want to be standing on the dock crying?
It's only going to take a couple of huge mainstream names moving toward self-publishing to make the whole archaic system come crumbling down anyway.