Mike Shatzkin (@MikeShatzkin) writes in his latest blog post that there’s now pressure on publishers from two directions (first-time independent anonymous authors and media conglomerates formally not known for publishing their content in books) as they compete for content and then compete to get real money for it:
These two things — non-publisher brands and entities competing with publishers to deliver content and free content competing with content for sale — connect in a painful way at the publisher’s balance sheet. And there isn’t a lot publishers can do about them.