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Originally Posted by stonetools
I think the likelihood is that the BPHs will simply cut back on expenses. Its a lot easier to save money by simplying cutting staff and by reducing advances to authors. Also you don't develop new authors ( risky and expensive) and you don't greenlight expensive non-fiction projects (same).
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That's a possibility of course, although I think it's one which makes the death spiral more certain if perhaps a little slower.
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I note that every single author you cited in an earlier post was an author of genre dfiction. That alone is a telling indicator of what a non-BPH world would look like.
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That was mostly a listing from a quick hit on Amazon's best seller page for last year. It's what the BPH world looks like.