Back at the start of this year, Jonathan Galassi wrote an awesome editorial for the New York Times about the value that a publishing house actually provides for a book and an author—those ineffable quality enhancers that make a book cost more than its printing, paper, and binding. Editing. Marketing. Publicity. Design. Attention to detail. Vision.

Galassi’s piece is the perfect counter to those who suggest publishers are going the way of the T-rex, that authors need only throw their manuscripts onto the Kindle. Seventy percent royalty rates! these people crow. Take that, Legacy Publishers! My audience will not be bound by the old paradigms! And then they—I don’t know, twirl the ends of their moustaches while they count their doubloons.

But is Amazon’s self-publication plan truly the first death knell for traditional publishers? … [more]