In a recent interview, Godin made no bones over his decision--"12 for 12 and I'm done." Godin's main gripe is that nowadays it takes a disproportionately huge effort to publish a book in the "traditional" hardback-to-paperback manner.
He likes the people, but "can’t abide" the time it takes to get the whole process to work: "The big push at launch, the nudging to get people to go to a store they don't usually visit to buy something they don't usually buy" and so on. He is also frustrated by the very medium of dead-tree publishing itself, since when consumers buy a book they are really paying for the author's ideas, a book is “a form that’s hard to spread”, and electronically he can reach "10 to 50 times as many people."
Godin's not completely convinced about how he's going to proceed with his publishing plans, but that's okay by him. We can speculate that he is going to pursue an e-publishing route, through one or several of the new systems that are available. This is perhaps now the easiest and most accessible way to get a publication in front of the public's eyeballs (particularly if you have as big a name as he does, which is effectively its own PR engine).
He could also use his reputation to push sales via a self-publishing route, also using e-reader ecosystems like Amazon's. On the other hand, he could use a more innovative, social-media-esque angle like the one that Neal Stephenson and colleagues are using for the upcoming Mongoliad electronic "book." Given that he is also credited as a "marketing expert" as well as an author, it is certainly the sort of novel enterprise that he could make work.
Godin's decision is also backed up by sales successes like Amazon's Kindle e-reader, Apple's iPad, and even reports like this one that suggest the e-book revolution is redefining the nature of reading itself, and reading e-books means readers are less isolated than if they were reading a physical book. If some other anecdotal data is anything to go by, e-books published via the Kindle ecosystem are selling like hotcakes. However, Apple's e-book efforts have not quite achieved the same success yet, for a number of reasons (including an incomplete international rollout of the iPad and the iBookstore). The fact that the iPad is selling by the millions and transforming the tablet PC market can only be a good thing for authors like Godin, keen to adopt a wholly new style of publishing.
Original post by Kit Eaton of FastCompany and can be found here: http://is.gd/fOiWD