Ebooks: Publisher-Murderer, or Savior?

Barnes & Noble's Nook

Ebooks are all four of the Horsemen of the Publishing Apocalypse digitally processed into one little, bloodthirsty file.

Or they’re the shining savior who’ll give all writers bajillions of dollars, euros, or even dirham if they feel like retiring in Morocco.

Whatever. Let’s all take a deep breath and be honest with ourselves here.

Why are publishers trembling from fear and writers from excitement?