On the future of the publishing industry...

I found this quote in the June 7, 2010 issue of Time Magazine. It's by Garrison Keillor. It's almost too true not to repeat. It originally appeared in the Chicago Tibune (click here for the full opinion piece):

"I think that book publishing is about to slide into the sea. We live in a literate time, and our children are writing up a storm, often combining letters and numerals (UR 2 1derful) ... The future of publishing: 18 million authors in America, each with an average of 14 readers, eight of whom are blood relatives. Average annual earnings: $1.75."