It’s time to take notice when The Economist worries about your business model

June 9, 2008 · 2 comments

//flickr.com/photos/libraryman/2048264201/I read blogs daily that cover the ongoing changes in publishing, especially in digital channels. Through my little pipeline of RSS feeds, it’s easy to get tunnel vision and assume that, because the publishers I’m reading about are diving in to digital experimentation and thinking about new ways of doing business, that all publishers are doing so. In a few chats I’ve had recently with Australian publishers, agents and staff at writers centres, it’s clear this is not true.

Even The Economist, a conservative journal better known for its coverage of international trade and politics than the publishing industry, is observing the ways technology is changing publishing.

Publishing has only two indispensable participants: authors and readers. As with music, any technology that brings these two groups closer makes the whole industry more efficient—but hurts those who benefit from the distance between them.

When The Economist starts calling the race it’s time for publishers still in a default mode of ”wait and see” to move to “evolve or die”.

[Image Source: libraryman, licensed under Creative Commons Attribution-Noncommercial-Share Alike 2.0]

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Digital doesn’t only mean e-books « Electric Alphabet
June 9, 2008 at 3:57 pm

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1 Gary Kemble June 9, 2008 at 11:36 am

I interviewed Cory Doctorow a couple of years back. I asked him if film companies had the right to protect their multi-million dollar investment in a film by trying to stop online sharing of movies.

He said: “That’s kind of like saying the Catholic church invests three generations of labour into the construction of a cathedral, how will religion continue after this Protestant Reformation of yours, right? Well, I don’t think the important thing is cathedrals.”

http://www.abc.net.au/news/arts/articulate/200604/s1616706.htm

Same goes for books. I think once someone comes up with a user-friendly, cheap, eye-friendly and nice-to-use ebook reader, it’s game over.

I like books. I like to buy Stephen King books, because I’m a fan. I think I would do this regardless of ebooks. BUT, a lot of books I read, I’m kinda *meh*.

So basically, I think a lot of people will buy most of their books in electronic format then, if they really like the book, may go out and buy the dead tree version.

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