Go read This | For the First Time In History, Print Is Optional. Now What? | Publishing In the 21st Century
Interesting paragraph in a very interesting piece by Richard Curtis:
More significantly, by electing not to print a book at all, these so-called legacy publishers put themselves in danger of losing the very thing that defines them. What profiteth a publisher to gain the world and lose its soul? Today Random House is a completely different species from independent e-book publishers like Open Road. But by becoming a pure e-book publisher, the playing field is leveled, and the difference between Random House and Open Road becomes simply one of scale.