Quote:
Originally Posted by HarryT
There seems to be a popular misconception that the traditional publishing industry is in big trouble. Their financial results tell a rather different story, and are public information. "Reports of their death have been greatly exaggerated", to misquote someone.
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I don't believe they're dying either. I'm just not drinking the "
everything is hunky dory--we don't have to change" kool aid.
I think they're unwisely banking on "toughing out" what they see as a temporarily rocky trail, when investing in some good hiking boots would actually benefit them more in the long run.