HAS THE BUBBLE BURST?

It was sad to hear that Samhain publishing is closing its doors after just over a decade in operation.

Established in 2005 it had some 600 authors and 3000 books in print. In its heyday it was turning over some respectable numbers. However, according to the article I read, e-book sales have dropped dramatically over the past two years and Amazon wouldn't give them a higher profile on their site. Consequently the business is no longer viable.

So what implications does this hold for the multitude of digital first publishers springing up everywhere? Only time will tell, I suppose. My gut feeling is that the bubble on this particular kind of enterprise has burst and most new start ups will disappear very quickly.

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