I can see the attraction for a successful author with an established following. The previous three posts all pointed out the value of a publishing house to new authors.
In the music industry, a new band may be required to agree to a multi-record deal if they want a contract. Supposing their first CD is a big success, they're now stuck for two more albums, with lower compensation than they would get if free to shop around.
Will publishing houses respond by insisting on exclusivity clauses for the next x books or y years? "If you want us to publish your fist book, we insist on the option of publishing the next two books you may write. Self-publishing isn't permitted."
Does that already occur? Could it occur?
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