In keeping with the forecast–albeit a wickedly humbling foretelling–motif of yesterday’s entry, I cite a recent article in Book Business.
http://www.bookbusinessmag.com/article/will-you-recognize-industry-10-years-402884_3.html
Feel free to go beyond my condensation, which is quite simple: the traditional distribution scheme of printing either too much or too many copies of a title are over for those book publishers who plan on being around in the next ten years. Going forward, the marriage of reader interest and publishing on demand, in tandem with the rise of electronic books and reading devices will keep deserving books in print longer ( forever, in fact ).
The net effect is great for readers. It’s good news for writers who embrace the wave and spend their time working with the trend, rather than fighting the tides. And some will resist the change very forcefully, much to their detriment.
But it’s very bad news for anyone clinging to a business model that ceased serving the reading public a long, long time ago.