'Is this the end of book trade?', asks mag

<p>&quot;The book business as we know it will not be living happily ever after&quot;, writes Boris Kachka in the N<em>ew York</em> magazine in a detailed analysis of the publishing industry in the US. </p><p>With sales stagnating, c.e.o. heads rolling, big-name authors playing musical chairs, and Amazon looming as the new boogeyman, publishing might have to look for its future outside the corporate world, he writes.</p><p>The article looks at publishing&#39;s heyday, the sinking morale of editorial staffers and how sales people are dealing with Borders, Barnes &amp; Noble and Amazon; it asks why c.e.os can&#39;t keep their bosses happy any more, will the Kindle be the iPod of books, and why publishers are struggling to keep hold of writers; and rounds up <a href="http://nymag.com/news/media/50279/index7.html" target="_blank">notorious flops of recent years</a>, and <a href="http://nymag.com/news/media/50279/index8.html" target="_blank">this year&#39;s big publishing gambles</a>. It also includes a group photo of former HarperCollins c.e.o. Jane Friedman&#39;s &quot;non-retirement party&quot;, <a href="http://nymag.com/news/media/50279/index2.html" target="_blank">where guests donned Friedman masks</a>.</p>