The first installment of my column is now LIVE over at Inveterate Media Junkies!

Welcome to the Dump Bin!

This is a column about the book publishing industry, but it’s called the Abominable Dump Bin. What the heck is that supposed to mean, anyway? Well, in retail the dump bin is a bulk display–at its best an attractive custom item with all the branding of whatever it holds, such as a Hogwarts-shaped Harry Potter display–placed to catch your eye and inspire impulse purchases. Okay, so now how does any of that relate to the state of publishing?

It is well-known in general society that the print industry is in a state of upheaval. The transition from old modes to new is occurring with far greater rapidity than anyone ever guessed. Revenue is flowing in different directions now, and the business model is collapsing. In the last few years we’ve seen the Borders chain go belly up, lawsuits involving Penguin suing authors

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