So what else is new? I've been in book publishing for 28 years now (God help me) and I don't recall a year when people weren't predicting the imminent demise of the business. It's second only to the theatre (AKA "the fabulous invalid") in terms of institutional hypochondria.
One day I suppose the dire forecasts will turn out to be correct and all the big publishing houses will collapse in a heap of rubble on Sixth Avenue, in which case we will report the news right here on the Consulting Editors Alliance blog! But meanwhile I comfort myself--perhaps naively--with the idea that, as a freelance writer and editor, I am a "content provider" rather than a publishing executive . . . and that as long as people want information, inspiration, and entertainment, they will want "content."
So whatever happens to the business model of book publishing--and heaven knows it's due for some massive changes--I believe there will be a place for me and the writers I work with. Anyway that is my story and I am sticking to it.