Pubslush Book Crowdfunding Site Closes…Victim of Too Much Specialization
At the IndieReader site, editors there speculate (somewhat wildly, IMHO) about the reasons that book crowdfunding site Pubslush closed following their recent, failed sale to Colborne Communications. Of course, they bring up the most common suspect, the one too-often brought up to explain failed business ventures in the book business: "Flat sales of traditionally published books."
Well, the problem with that is, traditional book sales overall are increasing, not decreasing. Or, at the very least, rebounding from the first few years of battering by the rise of ebooks in popular culture. The fact is, dedicated ebook reader sales are also...
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