The death of literary fiction again exaggerated

One article says, "The age which publishes VS Naipaul, Gabriel García Márquez, Toni Morrison, Harold Pinter, Philip Roth, Alice Munro, Seamus Heaney and Milan Kundera, to choose some contemporary masters at random, cannot be said to be short of greatness."
Another one says: "For a house that made its name publishing James Joyce and, more recently, E.L. Doctorow and Norman Mailer, Random House has had an unusual last year. Its two best-known, best-selling authors in 2004 were Donald Trump and American Idol's Clay Aiken. The flagship imprint of the world's largest publishing company is suffering an identity crisis. Staff turnover and a difficult marketplace for literary books are pushing Random House away from its highbrow heritage and toward the lowbrow commercialism that marks most of its competitors."
The more things change, the more they stay the same.