Against Enthusiasm

In recent years, the symbiotic fields of journalism and publishing have been particularly adept at stoking fears of their own demise, as they prepare to kneel before the moneyed monoliths of Google and Amazon. But unlike journalism, publishing is actually doing not badly?not well, you might say, but certainly not in a spiraling decline. Boosted by self-publishing, book sales are relatively stable; e-books have taken off; and the industry seems to have learned some lessons from the music business, whose Luddite failure to embrace digital distribution in the early aughts stands as the media industry's pre-eminent cautionary tale. Where publishing is endangered is in criticism and coverage, in the culture that should buttress it.

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