Galley Cat posts an email from: "A publishing veteran with more than a decade of experience" with a bleak assessment of the industry's future, starting with the premise that Borders might go out of business next year. If that happens, she says, "most author advances will radically decline because there will not be enough books sold at one major retailer and the independents to make today's typical advances earn out." And it only gets worse from there:
Well I have more than a decade of experience in publishing. In fact I have almost two. And I've got one thing to say to this: shut the fuck up already.
Anyone who really thinks "publishing has been about egos, advances, slights, agents and hurtful gossip—instead of books" really should be in another line of work.
I do have this to add though: This view of publishing doesn't reflect ANY of my experiences. No it's not all sweetness and light, peaches and cream. Yes I have some serious complaints about things that have happened to my authors. Yes, I think some decisions made by publishers were clearly wrong wrong wrong, but I certainly don't see it as malevolent ego.
If you've worked for ten years in an industry you don't value or respect, with people you find distasteful, that says more about you than it does about the industry.
So take a piece of advice from me: quit your job. Leave the work to those of us who love this damn industry more than we should, despite its myriad flaws, against all odds and really for no good reason.
Shut up and get out.