Hardly worldshaking news, as commentators such as Publishers Lunch observed, after The Bookseller.com reported the "profound" statements of fortune-hunter (and maker) Luke Johnson.
In a nutshell, this is what he predicts:
# Publishers will sell direct to readers
# Printing businesses will fold
# Bookstores will vanish
# Amazon will increase its "scary dominance"
# Physical books will become more expensive
# The power of literary agents will increase as they turn to independent ePublishing
# Territorial rights will disappear
# Producing books will become much, much faster
Whether you agree with any of this or not, that Johnson should be a pundit seems ironic, considering his history. A serial entrepreneur, "Cool Hand Luke" is best known for his involvement with Pizza Express. He is also the man who tried to resuscitate Borders, and failed.
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