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Until it utterly reworks its method, gets rid of a majority of its corporate dead weight, releases its publishing houses from the conglomerates that own them, and embraces direct selling models, the publishing industry will remain rather useless to readers and writers alike.

via www.arthurmag.com

Disintermediation is the word … the publishing industry is acting as gatekeeper rather than synthesiser, so its fate will be irrelevance.