As a director at Myrmidon, I read the recent blogpost from Lynn Michell of the Linen Press on the financial woes of independent publishers with interest. While I think she's absolutely right that it's a tough old world out there at the moment, when it comes to identifying the villains making trading difficult, for me the recession's number one – and, unlike Lynn, Amazon's not on my list.
Christmas 2010 was the Kindle Nativity. In a short space of time ebooks have gone from being niche to being potentially commercially critical, and Amazon is paying for the television advertising. It's accelerating takeup of ebooks – and as publishers of fiction, we're benefiting.
Read more (courtesy Guardian)