It's not new books - publishers will continue to be the best quality-creators/controllers of new books, it's just that the way the text is delivered will change. It's the books which are the absolut spine of a publisher's economics, the backlist: books written before e-books were born or thought of...

http://www.huffingtonpost.com/jason-pinter/andrew-wylie-sets-off-dig_b_655653.html

Emma

Also this:

Robert Gottlieb of Trident Media Group Responds to Random House vs. Wylie

http://blogs.publishersweekly.com/blogs/PWxyz/?p=738