For the past few years, authors have kind of looked on in dismay as publishing houses like Penguin and Random House lumbered like dinosaurs underneath the growing shadow of the meteoric threat known as ebooks.
I was - and continue to be - part of that group, so I was proud to hear of the Penguin & Random House merger…
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I reblogged this one too. I’m not sure I agree with the author’s opimistic assessment, however. Fewer publishers means a smaller likelihood of getting a book to market. Publishers are not willing to take even the smallest risk. If you aren’t an already established author, write thrillers, fantasy (especially fantasy aimed at teens), some types of sci-fi, or murder/cop mysteries, your chances of finding an agent and publisher approach zero on a very close order. None of the books we regard as the “greats” of fiction for the last 100 years would get published in today’s publishing cimate. What does that say about literature that we ARE publishing? Will anyone remember any of it in 10 years, much less 100? You have to wonder. And worry.
Despite the “good news” element for new and hopeful “self publishers” who are selling themselves and the industry short by underpricing the fruits of their labor, it is worrisome. I am afraid that eventually “real” books, i.e. properly printed on paper books, will be a thing of the past. I agree on your idea that most of the “greats” would not get published today. Sad thought.