Amazon Good or Bad for authors? Publishers?

This article discusses the pros and cons on Amazon’s effect on publishing.  Publishers definitely should be worried because Amazon is making it easier for writers to publish.  One thing I can say in favor of Amazon is they certainly give more wannabe authors a chance to publish.  The established publishing industry is not as open to unknown talent.  They would rather go with more of a safe bet.  That is why James Patterson and his latest “co-author”  can put out  a new book every week or so it seems like it is every week. Who knows exactly how many manuscripts get sent to publishers that never see the light of day ( I am sure someone is keeping these statistics).  Someone who has submitted their manuscript to a conventional publisher with no success may find enormous success on Amazon when their book actually does well in the sales area.

All I can say is publishers are going to have to rethink their strategy or they are going to be on the endangered list. Follow this link to an article that discusses this issue.

http://www.shewrites.com/profiles/blogs/is-amazon-good-or-bad-for-authors-10-ratings-from-the-publisher-o