Wednesday, January 10, 2007

Book distributor folds

"Bottom line: get ready to say goodbye to many indy/small book publishers." Crooked book distributors, as bad as the music industry.

“Innumerable small publishers working with AMS and their subsidiary PGW — just about every good small publisher you’ve ever heard of — woke up in the street on New Year’s morning with their clothes missing and a pair of black eyes.” - AMS bankruptcy.

Prediction, bankruptcy lawyers will make a killing, publishers will be victims.

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