“Publishing as we know it will die if changes are not made,” observes Sara Nelson, one of the industry’s leading pundits. Now with O, The Oprah Magazine, as its books director, Nelson is a former editor-in-chief at Publishers Weekly.
Unlike many, though, she doesn’t blame the digital revolution. “I don’t even think that Google, per se, is the culprit. It’s not that simple. I think that publishers need to think about the business model in which they operate… – in other words, advances against royalties.”