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Small Presses & Single Author Longevity

Matt Bell and I were discussing this recently:

Can small indie presses (smaller than Akashic, Coffee House, Dzanc) sustain the career of a single author? In other words, can a single author find a small press willing (and able) to stick with his or her work for the duration of a career? And is that best for the author? Or is it better to shift the work between two different presses, or spread them to a bunch of different presses, or what?

These are my questions.

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