Publishing in all its forms has become a scrying ball. You look and see not what the future is but perhaps your past and the way you wish the future would be.
It's like anything, the personal experiences may be wonderful or they may be painful. The fact is that digital books are gaining a foot-hold. For every lament from a publisher of how terrible the situation is and how badly they're being treated by writers, there are 1000 laments from writers who have been abused in this business.
It's hard to feel sorry for those with the whiphand.
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