How has the book publishing industry changed in recent years?

In recent years, the book publishing industry has undergone significant changes driven by digital transformation and evolving consumer preferences. The rise of e-books and audiobooks has expanded accessibility and altered reading habits, while self-publishing platforms have empowered authors to bypass traditional gatekeeping. Additionally, social media and online marketing have reshaped how books are promoted and discovered, leading to a more dynamic and diverse literary landscape. Overall, these changes have increased competition and opportunities for both established and emerging authors.