Alas, Poor Horatio
Keeping the tradition of irritating my colleagues for their (and my) outmoded love of literature (and apropos of my somewhat insensitive interruption of one of my colleagues accessing non-print media yesterday), I would like you to consider an article regarding a publishing innovation: straight-to-paperback .
Should this win the hearts-and-minds of distributors, retailers, and editors, our gig could be over faster than you can say under-capitalization. The market for literary titles has been commoditized to the point that only Oprah produces reliable hits and, with the advent of straight-to-paperback, authors can now expect to be remunerated primarily by name-recognition and that not so much. Loss of margin almost always translates to market irrelevance. Bon voyage.
As others privy to my rantings might know, my sense is that whereas in the 1950sduring the era of Lionel Trilling and even in the 1980s in the era of Harold Bloom literature was important to non-specialists, the lie is now becoming apparent as non-print media such as film, video games, and television render all but irrelevant the study of literature. This has been a specialist niche for more than twenty years and publishers are at last willing to let Shakespeare give up his ghost. If were lucky, English (language and literature) departments will be downsized to fit somewhere between the departments of philosophy and anthropology.
Literature has had little to offer the sensibilities of mainstream America since the Civil Rights movement, the end of the Cold War, and the advent of third wave feminism. Literature seems to now be a pastime for the overeducated and the intellectual elite. Without writing, English professors wouldnt be employed. Coupled with the fact that we professors of literature farm our most fungible skillthe teaching of writingto graduate students, we cannot be long for this university-as-corporation world .
1/3 (rhetorical) odds that in 15 years the jig will be up.