Earlier quoted context omitted.
This isn't really a nail in the publishing industry's coffin. The number of authors who can do this and even do okay let alone insane amounts of money is miniscule. If you don't already have a huge name, making people even aware a book exists is HARD. Some writers have managed indie only by being found by someone with a big enough audience to catapult them into making very very real money, but it isn't the norm. The…
The way this would hurt the publishing industry is by taking away their cash cows. As I understand it, publishers are effectively funded by a handful of successful books, and bankable authors. This money lets them release books by many other authors, who are less successful. If the "big name" writers left traditional publishing, the whole model implodes: new writers, or niche writers, wouldn't have as many opportunit…
Writers who need extra stuff to make a name and convince people to notice them is one thing. When you already make insane amounts of money it becomes less worth it.
Also I wonder if less nerdy/technical fan bases than SFF would be as inclined to even get involved with Kickstarter.