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Do Book Publishers Still Decide Success

I'm curious about how book publishers really decide which manuscripts deserve a chance. Is it purely about market trends, or do originality and risk still matter? Many writers say connections outweigh talent how true is that today? With self-publishing growing fast, are traditional book publishers losing influence, or do they still shape what readers discover? I’d love to hear real experiences: rejection stories, success paths, and whether submitting blindly is still worth the effort for new authors worldwide today right now.