Comment by Lalabadie
1 day ago
The article hints at this, but publishers live on the outsize success of very few of their books, and the rest of them are losses.
It's exactly the sort of financial pressure that will make them chase fads and trends, and it gets worse in difficult economic times.
>publishers live on the outsize success of very few of their books, and the rest of them are losses.
That is true of many industries, including films, vc software startups, games and books. As the Internet increases competition and opportunity, it is likely to become more true.