Nearly ten years ago, iTunes forever changed the music industry. The familiar business model of buying CDs made up of ten tracks or more was replaced by the ability to download individual songs. The record industry was thrown into turmoil and it took years for executives to figure out how to do business in this brave new world. Today, the publishing industry is going through the same digital revolution, thanks to the advent of ebooks. Just weeks ago, a big name literary agent decided to bypass traditional book publishers to work directly with Amazon.com and its Kindle ebook reader, giving [Read more…]