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Let's just say that the idea that publishers stopped developing new writers in the late 90's is not only wrong, it's trivially wrong. Rick Riordan's the Lightning Thief came out in 2005. Ernest Cline's Ready Player One came out in 2011. Larry Correia's Monster Hunter International came out in 2008. Patrick Rothfuss' The Name of the Wind came out in 2007. Jim Butcher's Storm Front came out in 2000. Those are just the names that come to mind without looking back through my purchase list. I manage to keep finding new authors every year. While some are indies, most come from traditional publishers.
Publishers are always on the look out for new talent, it's their life blood.
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