Houghton Mifflin Files for Bankruptcy and the Publishing Industry Limps On

The San Francisco Chronicle yesterday reported that “Houghton Mifflin Harcourt Publishing Co., the publisher of authors from Mark Twain to J.R.R. Tolkien, sought bankruptcy protection to eliminate more than $3 billion in debt.  The company, based in Boston, listed $2.68 billion in assets and $3.53 billion in debt in Chapter 11 documents filed today in

Just Because You’re Published Don’t Mean You Write Good

There seems to be a war of words in this currently hyped self-publishing boom between the self-published and the traditionally published.  The self-published go on and on about the success of some lucky few and the traditionally published are always noting that the reason people are published is due to the writer’s talent and that

Check This Article: Matthew Ingram Tells It Like It Is

Originally posted on Gigaom:
As more authors choose to do an end-run around the traditional book business by going the self-publishing route, traditional publishers are finding it harder and harder to justify their existence. While some have risen to the industry’s defence — arguing that a good publisher helps refine a book, or acts as…