Holy shit, they’ve finally fired R.C. I don’t remember an A&M without the man. I think you’d have to go back a generation to find someone who does.
Salon has an article on why books cost so much. As far as I can tell, the author has done a pretty good job with it. Aspiring authors will want to read it in conjunction with Patrick Nielsen Hayden’s comments on the state of publishing. The interview is two years old, but not out of date just yet. Glaciers move more quickly than publishing, generally.