Marc Goldberg's Blog
It makes increasingly less sense even to talk about a publishing industry, because the core problem publishing solves — the incredible difficulty, complexity, and expense of making something available to the public — has stopped being a problem.

Newspapers and Thinking the Unthinkable « Clay Shirky

(found via fred-wilson)

There’s huge opportunity here for those who can figure out how to capitalize on the change here.  Amazon’s got the right idea with it’s self-publish product but it hasn’t taken off yet; the volume of good content isn’t enough to make the radar for the Times’ best seller list or for the shelves in Barnes & Noble.

In fact, if B&N et al wanted to get really forward thinking, they would:

• setup their own self-publish services;
• staff up a development department to identify quality works and talent;
• sell these new-model books IN STORE in addition to online.

To limit risk for a particular title, B&N could produce the book and Borders could sell it, with some kind of rev-share/risk-share agreement.  Sounds quite a bit like the movie production biz today; not sure if that’s a good thing, but there’s SOMETHING here.