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The Way Ahead for Publishing
This is an excellent article from The Guardian, all about the changing face of publishing, well worth a read:
“The media and the market for books are in flux in the age of ebooks and Amazon, but publishers still have a vital role, says Faber’s chief executive.
2011 was a dramatic year for the UK books industry. Waterstones changed ownership and leadership. Ebook sales grew to around 7% of the general books market, with WHS Kobo and Apple emerging alongside the dominant Kindle, which had a major Christmas. Agents set up publishing endeavors, publishers created successful apps and writers published themselves. The contentious debate about a fair royalty rate for ebook sales continued, and Amazon set up its own publishing arm.”
Full article here: http://www.guardian.co.uk/books/2012/jan/13/way-ahead-publishing-ebooks-stephen-page?CMP=twt_gu