I found this fascinating quote today:
There is an essay making the rounds of the Twitterverse by the distinguished editor Jonathan Galassi; it appears on the Op-Ed page of the New York Times, no stranger to good editors. The title is “There’s More to Publishing than Meets the Screen,” and that “more” is all the work a publisher does to bring a book into the world. The occasion of the piece is the recent announcement that the estate of William Styron was seeking to publish ebook versions of some of Styron’s works, and Styron’s original publisher, Random House, would play no role in it. How could this be? Galassi wonders. Random House helped to make Styron successful and thus deserves a place in the arrangement. The specifics of “place” are not spelled out, but we can assume that it means money or outright control of the management of the digital rights to Styron’s works.Joseph Esposito under, The Scholarly Kitchen, Jan 2010You should read the whole article.