Tuesday, June 14, 2011

"A book is like a garden carried in the pocket." — Chinese Proverb

Papyrus fragment from the Book of the Dead; spell number 18 written for Nes-pauti-taui. Thebes, Upper Egypt: c. 1000 B.C.n
— from the Dallas Public Library

"Advances are quickly going to zero. Margins are going to zero for publishers. There’s no financial benefit for going with a publisher if advances are going to zero and royalties are a few percentage points. The publishing industry does minimal editing. The time between book acceptance and release is too long (often a year or more). That’s insane and makes zero sense in a print-on-demand world when kindle versions are outselling print versions."
James Altucher


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