Hyperink.com Question of the Month
http://www.hyperink.com posted a question to its writers this month: “What do you think the future of publishing is?”
The real challenge of this question is trimming the output down to around 150 words. I’ve blogged about this many times. In 2012 we will see the fall of Amazon.com because they have now moved into traditional publishing with their Penny Marshal book deal. After years of narrowing publisher margins to near zero, this will be the final straw. Large publishers will turn to smaller print runs and pull all titles out of Amazon.com. Oddly enough, both they and the authors will make more money.
Print will be the last form anyone considers. First will come the eBook, then the audio book version of each general reading title. Print will only happen once sales of these two low cost channels completely covers the printing cost. Since this route can be gone for well under $3000, most authors will begin putting out their own titles.