Quote:
Originally Posted by crossi
They do serve a purpose of vetting book quality and they are the only ones that could afford million dollar advances for authors. But I would prefer to see a lot of smaller specialty publishers whose expertize in their given field would be better and give readers a chance of finding specific publishers whose taste better aligns with their own instead of just a few gigantic publishers who do everything. I would also not mind if the big advances disappeared forever in favor of smaller to no advances but much larger share of the price and 5 yr contracts subject to renewal if both parties wish it. Rip off your author and they'll take their books somewhere else.
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Both already exist and have existed for a long time. I just bought a book my Mike Duncan, Storm before the Storm, published by one of the imprints from Perseus Books Group. With all the talk of the Big 5 publishers, the publishing world isn't nearly that monolithic.
The publishing world has spun off imprints, or even small publishing houses based on particular specializations and personalities. There are hundreds of them out there.