They are, in fact, responding to the demands of the reading public, something too many
in legacy publishing have failed to do.
Our industry is in the middle of a vast technological and cultural shift that's not going to be slowed down
by legacy publishing's efforts to turn back the clock.
But the business model
for legacy publishing can not support the same system as a single author with no overhead selling his / her books for 1.99.
Most
legacy publishing contracts that I've seen allow the publishers to apply it if they want as well as to make minor edits, etc., without consulting the author.
People might pick a title out of curiosity or on recommendation,
whether legacy published or self published, but they won't follow the author or recommend them if disappointed.
We're not the only ones that think this year will see the beautiful ivory spine
of legacy publishing.
Despite the availability of new technology, a new report from Information Media finds that publishers may be locked
into legacy publishing software systems for financial reasons.
The self - publishing movement, by definition, disintermediates many publishing professionals, including agents who aren't savvy enough to keep up, and editors
at legacy publishing houses.
The most useful way to look at the choice
between legacy publishing and self - publishing, therefore, is as a choice between two kinds of lottery, each with different odds, different kinds of payouts, and different overall advantages and disadvantages.
To hear people refering to today's print houses
as legacy publishing... yup, there goes that eye twitch again.
This description of traditional publishing (or what some now
call legacy publishing) is still a viable path for authors today, but now there are three other distinct paths an author can pursue to get published: DIY, General Contractor, and Publishing Package.
The non-fiction author lamenting what would happen to her career and the careers of all non-fiction authors
if legacy publishing should fail is one.
The SP paradigm allows him to experiment with unit revenue to maximize his total revenue, something that is impossible
under Legacy Publishing.
The only question is if publishing is going to cross the finish line and learn from what happened or if there will be an avalanche that will sweep away any lessons that might have been learned and leave
legacy publishing even more engrained in practices that are outdated and outmoded.
Won't that be fun to watch, especially the mental gymnastics those authors who still
say legacy publishing is our friend will have to go through to justify that sort of action?
It occurs in
legacy published titles because they have cut back on their employees so much that they now rely on the authors and agents to do much of the editing and proofreading that editors used to do.
Whenever I hear Special Snowflakes and
other legacy publishing mouthpieces moaning about «culture» and «literature» and «bookshops» when what they really mean is «Get off my lawn!»