Quote:
Originally Posted by franYo
Not sure if this has been discussed yet. It's a very interesting article about the future of traditional publishing based on the views of an industry insider.
http://pandodaily.com/2012/01/17/con...ng-to-kill-us/
In short, he thinks Amazon is going to destroy them all.
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Any moron can publish a book now. All it takes is a desire to do so. All Amazon does is make it even easier and lend an artificial air of institutional approval.
The truth is, they can't afford million dollar advances because they have lost the keys to the kingdom. People just aren't using the toll gates any more, they just walk on in from wherever they happen to be.
How typical of the publishing industry to think their rival is 'A' when the real threat comes from 'U'