An article in today's "New York Times" talks about how book resellers are killing the publishing industry. That book publishing is in trouble is not any longer in question. Macmillan, Random House, Houghton Mifflin Harcourt, Harpercollins, Zondervan, Simon & Schuster -- every single major publisher has laid off employees, some as much as 30 percent of their staff. At Perseus Books, Macmillan, Thomas Nelson, and others, they've also suspended bonuses (a significant proportion of the staff's... read more
