ALERT: Authors must read!
This Author's Guild article, Publishing's Ecosystem on the Brink: The Backstory, explains the publishing industry's current status in clearer terms than any I've read and it's pretty alarming. I now "get it", but what I don't get is what anybody can do about it. Amazon and self-publishing seemed like a Godsend to authors and AMZ was our savior, but now I'm worried.
I read the Bloomberg Businessweek article, Amazon Wants to Burn The Book Business, and was alarmed. It scares me enough that I feel like just writing books and forget about getting published until all the dust settles. Also, it leaves a bad taste in my mouth and a desire to boycott Amazon. I really hate bullies.
What I haven't read in these articles, is what can be done to reign in Amazon. Should Amazon be reigned in? If we can't beat 'em, should we simply join them? That seems a defeatist attitude. Where does this leave agents?
What do you guys think?