No, they still control the money and the system. But they are being challenged more and more.
Traditional publishing doesn’t cost you anything. Only self-publishing.
If you are lucky enough (1%) to get into the right system, yes. Having the power, money and marketing behind your manuscript makes a difference.
One you are on your own, the other involves an expert believing in your work and spending their own money.
Depends on the effort you put in to market it. Avg profit for a book is $2-4, you need to sell alot of books, but there is a cost to marketing those books.
Knowledge is power, and sharing that knowledge is a historical constant.
There is no “best.” It’s about the manuscript, the author and needs of the industry. We have many service to help find your way.
If you’ve never worked on a car, do you trust yourself to fix the transmission?
Penguin/Random House | Hatchette Book Group | Harper Collins | Simon and Schuster | Macmillan
It can be a very useful tool for building a brand to get literary agents to notice.