Those of us who write for children have long railed against the huge advances paid to celebs who think they can write for children. Ha! I guess those, and other advances (blogger Anne Trubeck: "Sarah Palin meanwhile received a reported $7 million advance...") are now coming back to bite the Big 3 in the butt.
I'm sure OUR little publisher will love reading this:
Should we weed the big boys out? In the dirt of fallen conglomerates, might more flowers bloom? There are already dozens of struggling, small presses (which of course is not true of automakers) and hundreds of deserving authors who only ask for modest, middle-class advances.
Click on the link above and read. I guarantee you'll be right there with Ms. Trubeck.