Books aren’t dead yet
Without a doubt, book publishing is an industry in a state of flux, but even the nature of the flux is up for grabs. Take a recent example of the traditional tech-journalism take on the situation, an article by Evan Hughes for Wired magazine, titled "Book Publishers Scramble to Rewrite Their Future." The facts in the story are indisputable, but the interpretation? Not so much.
The news peg is the success of a self-published series of post-apocalyptic science fiction novels, "Wool," by Hugh Howie. Available as e-books and print books from Amazon, the series became a hit, and Howie recently sold print-only rights to a New York publisher, Simon & Schuster. Print-only because Howie and his agent determined that they were making plenty of money selling the e-books on their own.
Wired characterizes this as a "huge concession" on the part of Simon & Schuster, and in one sense it is: The publisher won't receive any e-book revenue, and it is in e-book format that "Wool" has seen its success so far. On the other hand, "Wool" is not only already very popular among the genre fans who made it an e-book bestseller, it's also an object of curiosity for the many otherwise-uninterested people captivated by Howie's rags-to-riches story in the Wall Street Journal. (By far the best-selling e-book by self-publishing exemplar John Locke is not one of his thrillers, but "How I Sold One Million E-Books.")