In some ways the transition from paper to digital distribution for book publishers and independent authors is a boon. It’s true that most e-books currently have high profit margins, and are free from many of the drawbacks of print. Peter Osnos, who is the founder of PublicAffairs Books, states that the biggest challenge small publishers face is managing their inventories. Print too many books, and lots of them will be returned by stores. Print too few and publishers will forgo sales while they order reprints (at higher prices). None of these problems exists when distributing books digitally.