16 January 2023
We've previously explored what I called "the end of the trade publishing concept", which stems from the now wide-open opportunity to publish available to anybody with a computer and something to deliver as a book. It feels like we may have reached a new benchmark: admittedly a very fuzzy one. But it looks like it has become very difficult, bordering on impossible, for a commercial entity to make money consistently publishing new titles. Let's summarize the facts that have changed on the ground that make that the case.