Everybody knows the big publishing houses are scrambling. They reek with the stench of death. They can merge all they want. They can point at tortured data to reassure themselves all is well. But it’s pretty much over for them, and they did it to themselves by clinging to a ridiculously outdated business model. They became middlemen who added little to no value for most authors they signed.
There are lessons to be learned here. Experience is a great teacher for an apt pupil. Small publishing houses stand to reap some significant benefits, and to become the heirs to a new age of publishing if they will but pay attention and adapt. Unfortunately, it does not seem that many are doing so. Continue reading “Blaming Amazon Pricing Policies May Be the Wrong Call”