Changing the rule of Publishing: is this possible?

One of the biggest problem of the new writers, the unpublished ones, is to find the right channel to be published. They have to loose a  lot of time sending part of their works to editors and agents, hoping to be read. It requires a lot of efforts, a strong will and a good dose of luck. When sailing amongst those figures, every author must take care of who deserves to be trusted, sending them some excerpt.These rules allows few to be published, but it is a long ordeal.Can these rules be changed, using the internet as key to unlock a new vision?This is not an easy questions, there are a lot of problems underneath it, and I’m not talking of a simple obstacle as the publisher, but of the deepest question about the media: are the reader ready to accept the electronic format for the book as well as the listener accepted the same for the music?