My wife, Kristine Kathryn Rusch, is doing a series called The Business Rusch on her site, and this week she stopped talking for a week about writers in publishing and talked about the massive changes that have just happened in publishing. One change is that Borders Bookstore is failing fast. The second change is that the holiday sales of e-readers and ebooks exploded, far more than anyone expected.
So for a clear take on these changes, go read her article about it. The Business Rusch.
Discussion here if you would like. It sure is interesting stuff going on.