The Inevitable Death of Traditional Book Publishers

Traditional book publishers. They were once known as the titans of the book publishing industry. In the Baby Boomer era, self-publishing was an unknown concept. You needed a traditional publisher if you wanted the best chance to succeed with your book.

During that time, there was significantly less competition for publishers and authors, meaning more book sales for both parties.

Over time, traditional publishers (especially The Big 5) gradually started to exploit authors by offering lower royalties and seizing the author’s publishing rights.

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