The Publishing Pinch: Books Undergo an E-Upheaval
For years, THE mark of success for a struggling author was landing a publisher and getting an advance. Today, though traditional publishing houses still drive much of the book industry, their hold on power is under threat -- ie., Book-selling powerhouse Amazon.com now works directly with authors and publishes books; self-publishing has grown easier and gained some respectability; and Print-on-Demand will soon be in your neighborhood. So what's the role and future of the publishing establishment? And what do shifts within the industry mean for readers and writers alike.