"The idea is, 'Let's take all the things that we think are wrong with this business and try to change them,'" said [Robert S. Miller, the founding publisher of Hyperion], 51. "It really seemed to require a start-up from scratch because it will be very experimental."
This is actually great, because once writers stop getting advances maybe more of them will stop fetishizing words-on-paper-in-a-bookstore and realize there is actually a way to publish your stuff for free to the entire world without giving up most of the revenue. You still need a good editor, but there's no reason he needs to come with a dead-trees publishing company attached.
(HarperCollins photo via Times)