First of all, Nomi pointed this article from the Boston Globe out to me this morning: Kate's Mystery Books to close.
This is a real shame. Kate's has been a stalwart of Cambridge for two decades, and a real center for Boston mystery fandom.
Secondly, ReadWriteWeb has begun a series of posts about the future of the publishing business.
Part one can be found here:
Bits Of Destruction Hit the Book Publishing Business: Part 1
Part two can be found here:
Bits Of Destruction Hit the Book Publishing Business: Part 2
Some sobering stuff in those posts, especially on a day where McGraw-Hill has announced some layoffs.