Quote:
Originally Posted by dickloraine
There are just so many ways what can happen. I have no idea what will emerge. Maybe let us begin with a hypothesis (that of course could be wrong):
Indie and hybrid publishing leads to authors demanding better contracts and better royalties even if they are not bestseller authors.
How will big publishers react? How small publishers? Will midlist still be somewhat interesting for big publishers? Or will they concentrate to make contracts with the successful indies? Will small publishers be more like services for authors? Will publishers expand their catalogs or will they concentrate more on better "quality"? Will they go more in corporate owned property,, working with hired authors (like marvel or dc)? I really don't know. Most big publishers are owned by big media companies. Who knows how they will transform within them.
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Exactly. The criticism of Traditional Publishing in this regard has mostly focussed on their lack of vision and failure to embrace change, and in particular their attempts to retard the growth of ebooks to protect the Print Book market and their desperate but doomed price-fixing conspiracy with Apple.
What role traditional publishing has in the future depends on the traditional publishers. To quote DiapDealer, "It is not about tradpub dying. It's about them not holding all the marbles any more.That's already done."
The sooner they realise this and come up with a realistic strategy for the future the better chance they have of remaining significant players when the dust settles.