For Writers – the Best Of Times

Things have changed in the publishing business in the past decade. “That’s the real cultural revolution: the shift in the balance of power from the publisher to the bookseller. Thatcherism, which made the market king, empowered the bookseller and put the publisher on the defensive. For the past 10 years at least, most published writers in Britain and America have enjoyed a golden age of remuneration, publicity and, yes, sales scarcely dreamed of before. In 2004, the author’s lot, though far from ideal, is better than it has ever been.”