What does it mean for a writer? It means a devaluation of the art of literature. The loss of publishing options. And, it may be a death knoll for up and coming writers. If you haven't seen it, I direct you to a piece by William Petrocelli, in the Huffington Post.
For readers it may be the end of choice. Think about it--do you want Target and Walmart deciding what reading choices you'll have in the future?
So sad...
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