Many people have asked me why I, a literary agent, decided to publish books. The short answer is “to better serve my authors”. The long answer requires a little backstory on how the publishing business has changed in recent years.
By Ed Victor - The Telegraph - 02 Jun 2012
Then there is the concomitant, dizzying rise in the take-up of e-readers and the consumption of ebooks – a seismic shift the industry is still trying to adjust to. A further important development has been the upturn in self-publishing – made possible by the new digital print and distribution technologies. Now anyone can publish a book, and what was once regarded as “vanity publishing” has become a real and important branch of our industry. If you have any doubts about that, you should examine the back story of the huge worldwide bestseller Fifty Shades of Grey.
Full story at The Telegraph