Right now, Amazon, which really opened up the possibilities for independent authors with its invention of the Kindle (the first really usable e-reader) and Kindle Direct Publishing (Smashwords also gets credit for starting the independent author revolution, but it was Amazon that brought it mainstream) is involved in difficult negotiations with one of the Big 5 publishers (Hachette). The news media (which in large part is owned by the same giant international comglomerates that own the Big 5 publishers) has been in an anti-Amazon frenzy, spouting out ridiculous claims about how Amazon means the end of literature and ideas and civilization and life the universe and EVERYTHING!!!
Passive Guy is an IP (intellectual property) and contracts lawyer with a special interest in independent writing and publishing and in the disruptive technology and business practices that make this revolution possible. His blog is a must-read for independent authors. Here is part of his response to the frenzy:
As independent authors arise, empowered by Amazon’s democratic commons of ideas, PG says we’re looking at a renaissance of American literature, an upheaval that is shoving the suits out and putting authors back in charge of the art they create.
Despite the dying spasms of Big Publishing, the wall between writers and readers is coming down. Uncontrolled and unmediated ideas are being released into the wild, giving readers the opportunity to decide which will flourish.
Whether the path out of corporate serfdom comes via Amazon or someone else, authors who have discovered the freedom that comes with owning and controlling the fruits of their labors are not going back to the plantation.