“Legacy Publishing” refers to traditional publishing. But not in the positive sense. No, it is a statement that traditional publishing is a technology still utilized yet outdated. This, some authors say, is the twilight age for publishers.
So, which authors say it? Well, self-published authors, generally. The term indicates the traditional way is the OLD way, something antiquated and quaint and dying.
I can get why they would think traditional publishing is not what it was. Heck, even editors and houses say things have changed. But I think they’re wrong to say traditional publishers will not be prevalent going forward and that self-publishing will be the “preferred way” for everyone.
There is, I think, a place for everyone and every book. Maybe I’m naïve and, if so, give it to me straight but I still believe there will be reasons (and opportunities) to publish in a variety of ways.
****Personally, I think the term is a bit of snark by the self-publishers who have endured the second-best label authors with house contracts (and even houses themselves) give self-published authors. If I’m wrong, tell me so but that’s how I see it.****