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I find it humorous that the big five have to pretend that self publishing is related to them...in order to manufacture an appearance of continuing relevancy.
And that the Authors Guild has buckled under unrelenting mockery and is beginning to denounce portions of the standard big five contracts.
Times are hard.
And the cliff looming down the road? I have talked to genre writers who's greatest wish is to be read. In the not too distant future we will be seeing works left to the public domain when writers die. How many remains to be seen, but I see zip that the legacy publishers can do to stem that tide if it catches on on even a moderate scale.
I don't see the multinationals trying to prop up an obsolete market forever.
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