I remember when Harlequin was one of the few ways a new voice could get published. They are still a formidable juggernaut in publishing but as this article points out – even the biggest kid in the playground is getting beat up by the internet.
What I do know is that romance writers in particular are earning a living self publishing and distributing through ebooks and self published books. It’s not easy, but the genre is still lucrative.
So if you believe in love, then write your stories and create your own romance empire.