Micheal S: It doesn't mean the end of the market
Michael B: There are a lot of problems in publishing that need to be fixed. But in times like this it's more important to have an agent than ever. We know what's going on and we can work to make sure you have the best editor out there. He said: Children's books are fairly helpful.
Edward: It's scary that there are so many talented people let go, but he acknowledged that there were sames changed needed. This does not signal the end of publishing in any way. The publishing houses in the end will be stronger. But it's more important to have an advocate than ever.