Karin Taylor is executive director of the Small Press Center, a non-profit organization that connects readers and writers with small, independent book publishers. She tells Jim Fleming that a handful of conglomerates dominate one end of the publishing business, while thousands of small presses flourish at the other.

Daniel Menaker is an editor at Random House and a fiction writer. His first novel is "The Treatment." For over twenty years he edited fiction and non-fiction at the New Yorker. He tells Steve Paulson how Tina Brown changed the magazine and that William Shawn was not the saint his reputation would leave us to believe. Also, Carol Houck Smith, senior editor at W.W. Norton tells Judith Strasser how she works with writers.