Laurence "Larry" Kirshbaum is chief of publishing for Amazon Publishing. He was formerly CEO of the Time Warner Book Group... (wikipedia)
The demands of publishing and marketing a book today have grown to exceed the ability of a publisher to cope. I felt very keenly that we were leaving so many good marketing ideas unexplored because there were too many authors and too little time.
They love their jobs, and they love the creative excitement that comes from working there. But when you're sharing an apartment in Queens with four other people because you're getting 3 to 4 percent annual raises on a $25,000 salary, it's not a great thing.