Publishers must change radically, says Luke Johnson
# Publishers will sell direct to readers
# Printing businesses will fold
# Bookstores will vanish
# Amazon will increase its "scary dominance"
# Physical books will become more expensive
# The power of literary agents will increase as they turn to independent ePublishing
# Territorial rights will disappear
# Producing books will become much, much faster
Whether you agree with any of this or not, that Johnson should be a pundit seems ironic, considering his history. A serial entrepreneur, "Cool Hand Luke" is best known for his involvement with Pizza Express. He is also the man who tried to resuscitate Borders, and failed.