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I still remember a quote that I once read in a book entitled, The Cynic's Dictionary:
Author: A Writer with connections in the publishing industry.
The problem with traditional publishing is that the barriers to entry were so high that there was almost no chance for even a skilled writer to make it into print. For every successful writer there were a hundred who could not get past the slush pile. The Internet has lowered the walls, and allows anyone to offer their work to the public. We're still working out methods for sorting that deluge, but I think once a viable system for sorting out the quality from the dreck takes hold traditional publishers are going to lose their most important lever: the ability to control access to the consumer market.
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