The Wall Street Journal runs a big article on “the future of the book”–one that speaks directly to my own interests as a self-published author:
Much as blogs have bitten into the news business and YouTube has challenged television, digital self-publishing is creating a powerful new niche in books that’s threatening the traditional industry. Once derided as “vanity” titles by the publishing establishment, self-published books suddenly are able to thrive by circumventing the establishment. …
It’s unclear how much of a danger digital self-publishing poses to the big publishers, who still own the industry’s big hits, whether e-book or print. Many big publishers dismiss self-published titles, noting that most disappear, in part because they may be poorly edited and are almost never reviewed.
But some publishers say that online self-publishing and the entry of newcomers such as Amazon into the market could mark a sea change in publishing.
You can probably guess my feelings on this subject. In three months, AmazonEncore publishes the new-and-improved edition of The First Assassin.