Showing posts with label Trade. Show all posts
Showing posts with label Trade. Show all posts

Tuesday, February 02, 2016

The Giant List of Publishing Predictions for 2016

Here is a listing of some interesting predictions for 2016 across the publishing and media sector:

Trade and Self-Publishing

Mark Coker from Smashwords provides a comprehensive exploration of trends for 2016 with particular focus on the Amazon subscription model and its impact on traditional publishers.  His post also includes extensive follow-up and comments: 2016 Book Publishing Industry Predictions: Myriad Opportunities amid a Slow Growth Environment

Jonathon Sturgeon as flavorwire suggests "Books by Committee, Self-Published Books by Computers" may be something we need to watch out for during 2016: From Adult Relaxation to Prole Erotica: Book Publishing Predictions for 2016

Blogsite Bookworks presents: 2016 Predictions for the Self-Publishing Industry

Digital Book World asked Tom Chalmers for his 10 Industry Predictions for 2016

Jane Friedman has 5 Industry Issues for Authors to Watch in 2016

Publisher'sWeekly: What Does 2016 Hold for Digital Publishing?


Academic and Scholarly Publishing

From Publishing Perspectives five predictions for open access academic publishing

From Scholarly Kitchen: Ask The Chefs: What Do You See On The Horizon For Scholarly Publishing In 2016?


General and Digital Media:



From Talking New Media Five digital publishing predictions from Arazoo Nadir

From Publishing Executive magazine:  2016: The Year Ahead for Publishing in 12 Words

From MediaShift:  VR Heats Up, Publishers Wise Up to Fraud and 10 Predictions for Media Metrics

Techcrunch: Predictions on the future of Digital Media

What's new in publishing: Digital Publishing Predictions for 2016 





Fred Wilson: 2016 Predictions

Top Indian publishers predict digital publishing trends for 2016

Newspaper/Journalism:

Reuters Institute for the Study of Journalism, released a new report: Media, Journalism and Technology Predictions 2016. 


At Forbes and short set of suggestions: Who Will Win The Publishing Battle In 2016? Early Predictions For What's Next


There's more than enough here to keep anyone busy well into 2016.  For my predictions from years past click on this link to list all of them.

Monday, May 20, 2013

MediaWeek (Vol 6, No 21) Online College?, Society Publishing, Georgia Tech Online, Copyright Revision + More

Nathan Heller in The New Yorker: Is College moving Online?
When people refer to “higher education” in this country, they are talking about two systems. One is élite. It’s made up of selective schools that people can apply to—schools like Harvard, and also like U.C. Santa Cruz, Northeastern, Penn State, and Kenyon. All these institutions turn most applicants away, and all pursue a common, if vague, notion of what universities are meant to strive for. When colleges appear in movies, they are verdant, tree-draped quadrangles set amid Georgian or Gothic (or Georgian-Gothic) buildings. When brochures from these schools arrive in the mail, they often look the same. Chances are, you’ll find a Byronic young man reading “Cartesian Meditations” on a bench beneath an elm tree, or perhaps his romantic cousin, the New England boy of fall, a tousle-haired chap with a knapsack slung back on one shoulder. He is walking with a lovely, earnest young woman who apparently likes scarves, and probably Shelley. They are smiling. Everyone is smiling. The professors, who are wearing friendly, Rick Moranis-style glasses, smile, though they’re hard at work at a large table with an eager student, sharing a splayed book and gesturing as if weighing two big, wholesome orbs of fruit. Universities are special places, we believe: gardens where chosen people escape their normal lives to cultivate the Life of the Mind.

But that is not the kind of higher education most Americans know. The vast majority of people who get education beyond high school do so at community colleges and other regional and nonselective schools. Most who apply are accepted. The teachers there, not all of whom have doctorates or get research support, may seem restless and harried. Students may, too. Some attend school part time, juggling their academic work with family or full-time jobs, and so the dropout rate, and time-to-degree, runs higher than at élite institutions. Many campuses are funded on fumes, or are on thin ice with accreditation boards; there are few quadrangles involved. The coursework often prepares students for specific professions or required skills. If you want to be trained as a medical assistant, there is a track for that. If you want to learn to operate an infrared spectrometer, there is a course to show you how. This is the populist arm of higher education. It accounts for about eighty per cent of colleges in the United States.
In Scholarly Kitchen Joe Esposito identifies the Inexorable Path of the Professional Society Publisher:
What makes this path inexorable has to do with the structure of the marketplace today. For almost all journals publishers, libraries constitute their single largest source of revenue. Therefore, a publisher must get access to the library budget to thrive or even survive. But increasingly the largest commercial publishers have set up as gatekeepers to those library budgets, a situation that has intensified as more and more purchasing power has moved to the library consortia. When a society publisher decides to move up to stage 6 — that is, by making an arrangement with a large commercial publisher — it can be seen as selling out, but a strategic assessment of the marketplace may see that as buying in.
Georgia Tech announce massive Online/distance learning project (Inside HigherEd)
The Georgia Institute of Technology plans to offer a $7,000 online master’s degree to 10,000 new students over the next three years without hiring much more than a handful of new instructors.

Georgia Tech will work with AT&T and Udacity, the 15-month-old Silicon Valley-based company, to offer a new online master’s degree in computer science to students across the world at a sixth of the price of its current degree. The deal, announced Tuesday, is portrayed as a revolutionary attempt by a respected university, an education technology startup and a major corporate employer to drive down costs and expand higher education capacity.

Georgia Tech expects to hire only eight or so new instructors even as it takes its master's program from 300 students to as many as 10,000 within three years, said Zvi Galil, the dean of computing at Georgia Tech.

The university will rely instead on Udacity staffers, known as “mentors,” to field most questions from students who enroll in the new program. But company and university officials said the new degrees would be entirely comparable to the existing master’s degree in computer science from Georgia Tech, which costs about $40,000 a year for non-Georgia residents.
Some bullet points and not particularly cohesive from the Goldman Sachs business book of the year award (FT):
Victoria Barnsley, chief executive of HarperCollins UK, probably speaks for many publishing executives when she highlights “single platform domination” as “the risk”. “I don’t think it was good for the record industry nor will it be good for publishing,” she says. The conundrum for publishers is what to do about it.
The House Judiciary Committee began hearings on changing copyright law. Don't hold your breath (CJR):
This contentiousness stems from the fact that copyright law, itself, is something other, or more than, dull. As it stands now, it’s intricate, confusing, and — most of the experts who testified yesterday more or less agreed — due for an update. But not quite everyone. “I think the notion in many circles that copyright law has become totally dysfunctional and counter productive is not the way the situation is,” said Jon Baumgarten, who once served as the general counsel to the copyright office.

This is what passed for consensus in this debate. The CPP’s final report, for instance, noted that “various members of the group maintain reservations and even objections to some proposals described as recommendations in this Report.” And so, they wrote, “we do not intend affirmative statements or the use of phrases, such as ‘we recommend’ or ‘we believe,’ to suggest that the group as a whole was uniformly in support of each particular view stated.”
From twitter this week:

Fresh questions for Amazon over pittance it pays in tax Guardian

Sunday, May 12, 2013

MediaWeek (Vol 6, No 20) Dan Brown's Inferno, a Parody, Coursera, + More

The Telegraph reviews the new Dan Brown book (in a way):
The Inspector reluctantly passed a laptop to Langdon who could now sit up in bed. Dr d’Angelou smiled.

“I will leave you two gentlemen,” she said, because that was the sort of thing people said in novels.

Langdon pressed a few keys and on the laptop screen was a grey filtrated image of himself walking along a street he did not recognise. Across the road was a little old woman dressed as Mother Teresa of Calcutta, that deeply divisive saint of the Catholic Church and presumably head of the deeply sinister Salvation Army.

With a chill that aspirated his spine, Langdon watched as the diminutive saint beckoned to him across the road.

“What is she saying, laddie?” the Inspector asked.

Langdon shook his head.

“I don’t know,” he lied.

“You don’t know?” the Inspector asked. “Robert Langdon PFC etc etc doesn’t know something? No wonder you’ve gone as white as your sateen sheets.”

But it was the next frame in the CCTV footage that genuinely shocked him. Out of nowhere and without warning a yellow school bus appeared. It was going at least 30mph in a 20mph zone and its windows were crowded with faces cheering and waving, but that is not what caught Langdon’s attention. Down its side was written in large letters the word PEN.

Langdon froze the picture.

“What does PEN mean, do you think?”

Langdon wrote the word pen along one of the fine lines that demarked the sheet of foolscap in his firm yet carefree handwriting.
They over do it by trying the above again in a different section of the paper although this one may be better:(Telegraph)
“Thanks, John,” he thanked. Then he put down the telephone and perambulated on foot to the desk behind which he habitually sat on a chair to write his famous books on an Apple iMac MD093B/A computer. New book Inferno, the latest in his celebrated series about fictional Harvard professor Robert Langdon, was inspired by top Italian poet Dante. It wouldn’t be the last in the lucrative sequence, either. He had all the sequels mapped out. The Mozart Acrostic. The Michelangelo Wordsearch. The Newton Sudoku.

The 190lb adult male human being nodded his head to indicate satisfaction and returned to his bedroom by walking there. Still asleep in the luxurious four-poster bed of the expensive $10 million house was beautiful wife Mrs Brown. Renowned author Dan Brown gazed admiringly at the pulchritudinous brunette’s blonde tresses, flowing from her head like a stream but made from hair instead of water and without any fish in. She was as majestic as the finest sculpture by Caravaggio or the most coveted portrait by Rodin. I like the attractive woman, thought the successful man.
As the book hits number one all around the world, literary smugness at its finest.

Is good grammar still important? (Observer):
The inaugural Bad Grammar award has gone to a group of academics for an open letter in which they criticised education secretary Michael Gove. Are we too hung up on the correct use of language?
Coursera adds Textbook content from Sage, Wiley, Oxford University Press and Macmillan Higher Education in partnership with Chegg (Blog):
Now, all classes need some additional learning materials – guides, lecture notes, and of course books. That’s where Chegg steps in. We’re serving as the platform on which Coursera students access their reading materials, all through our eTextbook reader.

“Student needs are evolving so it’s important that they continue to learn in and out of the classroom,” said Dan Rosensweig, President and CEO of Chegg. “It’s vital that we put students first. Digital courses allow the most sought-after classes, taught by the most knowledgeable educators to be accessible, even worldwide, helping students finish college quicker and with less debt. At Chegg, we are thrilled to partner with Coursera to expand and adapt our digital offerings – from textbooks to supplemental content – to enhance the way students are learning today.”
From Twitter this week:
Items from Hemingway's Cuba home go to JFK Library BusinessWeek
Ann Curry reportedly being courted for lucrative tell-all book deal Examiner - Didn't she get $10mm severance? Not enough?

And in Sport, Manchester United boss Sir Alex Ferguson announced his retirement this week and will be leaving the job on a high note: Guardian Supplement

Monday, January 07, 2013

MediaWeek (Vol 6, No 1): Iraq War Fiction, Downton, Reader's Digest UK, Morse +More

The "bullshit" war and new fiction in the age of war (Guardian):
Powers, himself an Iraq veteran, believes that the flood of fiction – and his own award-winning The Yellow Birds – are helping Americans understand the war better than journalism has done. "One of the reasons that I wrote this book was the idea that people kept saying: 'What was it like over there?'," Powers explained. Yet he was puzzled by the question because of the vast amount of reporting. "It seemed that it was not an information-based problem. There was lots of information around. But what people really wanted was to know what it felt like; physically, emotionally and psychologically. So that's why I wrote it," he said.

Powers' book and its powerful descriptions of the impact and experience of modern combat explores two individual soldiers and the hurried promise that one made to the other to keep him alive through their tour of duty. But, as with all great war literature that has examined conflict from the first world war to Vietnam, the experience of individuals becomes a symbolic stand-in for the nation as a whole. It is impossible not to draw a link between the rash promise – which the book quickly makes clear is not kept – and the way America itself went to war in Iraq. "It is a story about making a promise that you cannot keep; promises made in a quick way. Someone who wants to be good but finds it difficult and does not understand the ramifications of what they have done," Powers said.
I'm with James on Downton Abbey (Atlantic):
At what point in the history of domestic service, I wonder, did lords and ladies start saying Thank you to their staff, instead of just kicking them into the fireplace? When did it begin, this treacherous acquisition of personhood by the dishwashing classes? Was there perhaps a single, pivotal moment, deep in some ancestral pile, when a purple-faced baronet looked upon his vassal and experienced—wildly, disconcertingly—the first fizzings of human-to-human recognition? Blame Saint Francis of Assisi. Blame Charles Dickens. By the early 20th century, at any rate, the whole master-servant thing was plainly in ruins. Individuals were everywhere. The housekeeper had opinions; the chauffeur had a private life; and the gentleman found himself obliged to take an interest, however slight, in the affairs of his gentleman’s gentleman. “And what will you do with your weekend off, Bassett?”
And for Lorcan; yes, "sudsy".

Readers' Digest UK (entirely separate from the US company) has been forced to enter insolvency proceedings and last week shed almost all their staff (Guardian):
Three-quarters of the British staff of Reader's Digest were made redundant on Friday after its private equity tycoon owner pulled the plug on the magazine's direct marketing division.

Jon Moulton's Better Capital private equity firm made 90 of Reader's Digest UK's 120 staff immediately redundant as it began insolvency proceedings of the magazine's CD, DVD and bookselling arm. It comes less than three years after Better rescued the monthly magazine from administration and promised to "return the business to its heyday".

Moulton's purchase of the magazine in April 2010 was controversial because he did not take on responsibility for the company's £125m pension fund deficit. The fund, which has 1,600 members, was placed into the Pension Protection Fund, which meant those that had yet to retire lost 10% of their entitlement.

At the time Moulton said Reader's Digest was a profitable business without the difficulty of the pension fund.
The UK has made making mix tapes legal (BBC) and (IP Gov)
Making digital copies of music, films and other copyrighted material for personal use is to be made legal for the first time under government plans.

It has previously been illegal in the UK to rip songs from a CD to a digital player or transfer eBooks, music, films and games from one device to another.

But people will still not be allowed to share the copies with others.

Business Secretary Vince Cable said the move was "not only common sense but good business sense".

"Bringing the law into line with ordinary people's reasonable expectations will boost respect for copyright, on which our creative industries rely," he said.

"We feel we have struck the right balance between improving the way consumers benefit from copyright works they have legitimately paid for, boosting business opportunities and protecting the rights of creators."
A Pew Report on e-Readers was released before Christmas (Pew) and from the findings:
The population of e-book readers is growing. In the past year, the number of those who read e-books increased from 16% of all Americans ages 16 and older to 23%. At the same time, the number of those who read printed books in the previous 12 months fell from 72% of the population ages 16 and older to 67%.

Overall, the number of book readers in late 2012 was 75% of the population ages 16 and older, a small and statistically insignificant decline from 78% in late 2011.

The move toward e-book reading coincides with an increase in ownership of electronic book reading devices. In all, the number of owners of either a tablet computer or e-book reading device such as a Kindle or Nook grew from 18% in late 2011 to 33% in late 2012. As of November 2012, some 25% of Americans ages 16 and older own tablet computers such as iPads or Kindle Fires, up from 10% who owned tablets in late 2011. And in late 2012 19% of Americans ages 16 and older own e-book reading devices such as Kindles and Nooks, compared with 10% who owned such devices at the same time last year.
The Inspector Morse/Sargent Lewis ITV franchise is to get some color (Observer):
Long-running ITV crime series do not have a strong track record with black actors. Midsomer Murders notoriously came under fire two years ago when its producer, Brian True-May, was suspended for saying that black faces were not right for his popular village mystery series, while Inspector Morse and its prime-time successor Lewis are dominated by white leading characters.

Until now. The new sidekick to take his place in the Oxfordshire police car alongside Lewis is to be played by Gambian actor Babou Ceesay.

The character of DC Alex Gray, who will be introduced to viewers this month, will put the Lewis franchise on a fresh footing, though Ceesay said he had been unaware of the race row until he appeared on set.
Rare color images of the Beatles to go on sale (Telegraph)

From Twitter:
6 Takeaways From Google's Antitrust Settlement via AP
Neil Young moves ahead with plans for his music service


How the Bar Code Took Over the World

Sunday, December 16, 2012

MediaWeek (Vol 5, No 51): StraighterLine, Education, Bond + More

Set your price online courses. Straighterline gives credit and cash. (Chronicle)
The new service is run by StraighterLine, a company that offers online, self-paced introductory courses. Unlike massive open online courses, or MOOC's, StraighterLine's courses aren't free. But tuition is lower than what traditional colleges typically charge—the company calls its pricing "ultra-affordable." A handful of colleges accept StraighterLine courses for transfer credit.

Instructors who offer courses on Professor Direct will be able to essentially set their own sticker prices, as long as they are higher than the company's base price. One professor teaching an online mathematics course with a base price of $49, for example, plans to charge $99. For each student who signs up, the company will pocket the $49 base price, and the professor gets the remaining $50.

The instructor in that math course is Dan Gryboski, who has previously taught as an adjunct at the University of Colorado but is taking the year off from traditional teaching so he can stay home and take care of his three young children. He views Professor Direct as a way to keep up his teaching within the time windows he now has for professional work.

It's also up to each professor using Professor Direct to decide what services to offer students in addition to a core set of materials prepared by the company. Mr. Gryboski says he is promising students who sign up for his two math courses that he will quickly respond to any e-mail questions they have about the material, that he will be available for online office hours for two hours a week, and that he will create additional tutorial videos to supplement the existing materials for the courses.
Job Posting at the Dalkey Archive called the worlds worst job listing (IHEd):
The largest publisher of translated literature in the US, Dalkey has also opened offices in London and Ireland. Their name comes from a novel of the same name by Flann O’Brien (a pseudonym, so no relation), an Irish satirist and one of my favorite writers. The Press’s founder and Chief Everything Officer, John O’Brien, can be a bit…prickly, so satire might be an expected vehicle for the job posting he seems to have written himself.

“Any of the following will be grounds for immediate dismissal during the probationary period: coming in late or leaving early without prior permission; being unavailable at night or on the weekends; failing to meet any goals; giving unsolicited advice about how to run things; taking personal phone calls during work hours; gossiping; misusing company property, including surfing the internet while at work; submission of poorly written materials; creating an atmosphere of complaint or argument; failing to respond to emails in a timely way; not showing an interest in other aspects of publishing beyond editorial; making repeated mistakes; violating company policies. DO NOT APPLY if you have a work history containing any of the above.”
If you read the whole posting you'll realize that applicants are unlikely to have any work history at all.

Digital Education in Kenya and the Use of Tablets (Economist)
A for-profit venture, eLimu (“education” in Swahili) is one of several local publishers which are looking to disrupt the business of traditional textbook vendors, which are often slow and expensive. It aims to show that digital content can be cheaper and better.

Safaricom, the Kenyan mobile operator that pioneered the M-Pesa service, hopes to repeat its success in digital education. It is developing classroom content, from videotaped lessons to learning applications, that any of Kenya’s 7,000 state secondary schools will be able to access online.

The prospect of many of Africa’s 300m pupils learning digitally has not escaped the attention of global technology giants either. Amazon has seen sales of its Kindle e-readers in Africa increase tenfold in the past year. The firm’s developers are adding features to its devices with the African consumer in mind: talking books, new languages and a longer battery life.

Intel, a chipmaker, hopes that education will generate much of the double-digit growth it expects in Africa. The firm has been advising African governments and helping them buy entry-level computers. In Nigeria Intel brought together MTN, a telecom carrier, and Cinfores, a local publisher, to provide exam-preparation tools over mobile phones, a service that has become hugely popular.
William Boyd who will be writing a new Bond book is interviewed in the Independent:
The "troubled, complex" James Bond is the one we will read about when Boyd's book is published next autumn. Era-wise, Boyd has dived back into Fleming's world, setting his story in 1969, five years after Fleming released his last work, The Man with the Golden Gun. Forced to jump to my own conclusions, I'm betting the action takes our hero to Africa, scene of both Boyd's formative years and his early books such as An Ice-Cream War; A Good Man in Africa; and Brazzaville Beach.

For the record, I'm basing my assumption on the wry smile Boyd gives when I ask if he's planning to set another novel in Africa. "I may well do, I may well do," the 60-year-old says in his softly Scottish accent. It's been years, decades even, since Boyd journeyed there, literarily and literally. He says Africa – he was born in Ghana and lived in Nigeria until his late teens – yields the "pure source of memories" he uses as a writer, and another reason that I'm guessing he might draw on that continent for Bond's adventures.
Making money from the stuff you make is easier than you think (Techcrunch)
Loccit‘s latest product — launched last Friday — is a personalised diary populated with photos and updates from the likes of Facebook, Twitter and LinkedIn. The startup says it sold 8,000 of these diaries in the first 48 hours of the product going on sale, which indicates there is an appetite for repackaging people’s digital footprint and selling it back to them in a more permanent form (in this case: paper — with a choice of hard or soft cover).

Loccit’s system is pretty rough round the edges — currently displaying a big warning to users that non-English characters won’t print correctly yet, and requesting they “please drop back in a week”. It can also be very slow to pull in content from social networks, if indeed it pulls it in at all — so it’s even more impressive they managed to flog 8,000 of the books in two days.
From twitter this week:

Earliest pocket-size country pursuits manual to be shown at British Library Telegraph Squiring for Dummies

Leading British Universities Join New MOOC Venture. Chronicle

Thirteen Ways of Looking at Libraries, Discovery, and the Catalog: Scale, Workflow, Attention Educause

A School Where Courses Are Designed by Business NYTimes

Do online courses spell the end for the traditional university? Guardian

Developers to break ground on massive Hoboken waterfront office and retail space. NJ.com

Wednesday, November 14, 2012

BISG Report: Consumer Attitudes to E-Books

From BISG the annoucement of the final installment of their study into consumer attitudes towards e-Books.


Available today, the fourth and final installment in Volume Three of BISG's ongoing survey of Consumer Attitudes Toward E-Book Reading shows that e-book buyers are continuing to shift toward multi-function tablet devices and away from dedicated e-readers. Tablets have risen by about 25% over the past year as the first choice for respondents' e-reading device, while dedicated e-readers have fallen by the same amount.
In addition to the 45-page PDF Summary Report published today, data from Consumer Attitudes is available as a dynamic online data set via Real-Time Reporting: a unique web-based tool which displays raw data -- drillable, sortable, and accessible whenever you want it.
Other key findings include:
Amazon’s Kindle Fire increased over the past year from no use to be the first choice for more than 17% of e-book consumers. Other Android devices, such as Barnes & Noble’s NOOK Tablet, have also increased, from 2% in August 2011 to nearly 7% in August 2012.
Tablets designed specifically for the purchase and consumption of books excel when it comes to that activity, and underperform for all others.
Almost 60 percent of respondents who currently own a Kindle Fire report that they read e-books “very often,” compared with 50 percent of those who own an iPad.

Monday, October 29, 2012

Penguin & Random House Merge

News on Sunday that News Corp were considering a look at Penguin suggested that the dealings could get exciting but with this morning's announcement of a merger that will combine Random House and Penguin in a new structure makes clear these discussions were already well advanced. As The Guardian notes the new business will b 53% owned by Random House and Pearson will retain a 47% interest. The management team will be lead by Random House CEO Marcus Dohle. The combined company will have sales in excess of $3billion although this is likely to be subject to some competition scrutiny over the next several months as the deal is reviewed by authorities in the US and Europe. From their press release:
Bertelsmann will nominate five directors to the Board of Penguin Random House and Pearson will nominate four. John Makinson, currently chairman and chief executive of Penguin, will be chairman of Penguin Random House and Markus Dohle, currently chief executive of Random House, will be its chief executive.

In reviewing the long-term trends and considerable change affecting the consumer publishing industry, Pearson and Bertelsmann both concluded that the publishing and commercial success of Penguin and Random House can best be sustained and enhanced through a partnership with another major international publishing house. They believe that the combined organisation will have a stronger platform and greater resources to invest in rich content, new digital publishing models and high-growth emerging markets. The organisation will generate synergies from shared resources such as warehousing, distribution, printing and central functions. Pearson and Bertelsmann intend that the combined organisation’s level of organic investment in authors and new product models will exceed the total investment of Penguin and Random House as independent publishing houses.

The two companies believe that the combination will create a highly successful new organisation, both creatively and commercially, with the breadth and investment capacity to deliver significant benefits. Readers will have access to a wider and more diverse range of frontlist and backlist content in multiple print and digital formats. Authors will gain a greater depth and breadth of service, from traditional frontlist publishing to innovative self-publishing, on a global basis. Employees of the new organisation will be part of the world’s first truly global consumer publishing company, committed to sustained editorial excellence and long-term investment in a rich diversity of content. And shareholders will benefit from participating in the consolidation of the consumer publishing industry without having to deploy additional capital.
Interestingly, with Pearson's big acquisition of EmbanetCompass (for $650mm in cash) earlier this month the company also said that they would be somewhat limited in the amount they could spend on future acquisitions given the size of the EmbanetCompass deal. The Random House deal does not appear to improve that situation and the press release specifies that neither party may sell their shareholding in the combined business for three years.

Finally, this is the big Trade House deal we've been waiting five years for. Will there be another?

Tuesday, August 14, 2012

ALA: Info Report on eBooks for Libraries

A short information report on eBooks in libraries has been produced by the Digital Content & Libraries Working Group of the American Library Association (ALA).  Working in close collaboration with ALA’s president and executive director, the group has focused on influencing the largest (“Big 6”) trade publishers to sell ebooks to libraries on reasonable terms. Here is a sample from the report (pdf):
Three basic attributes are beneficial to libraries under any business model for ebooks. While it may not be feasible to realize all of these immediately, and a library may elect to do without one or more in return for more favorable terms in other areas, at least temporarily, these features are ultimately essential to the library’s public role:
Essential Features All ebook titles available for sale to the public should also be available to libraries for lending. Libraries should have an option to effectively own the ebooks they purchase, including the right to transfer them to another delivery platform and to continue to lend them indefinitely. Publishers or distributors should provide metadata and management tools to enhance the discovery of ebooks.
  • Inclusion of all titles — All ebook titles available for sale to the public should also be available to libraries for lending. Libraries may choose not to purchase some titles if restrictions or prices are deemed unacceptable, but withholding titles under any terms removes the library’s ability to provide the services its patrons need and expect.
  • Enduring rights — Libraries should have an option to effectively own the ebooks they purchase, including the right to transfer them to another delivery platform and to continue to lend them indefinitely. Libraries may choose more limited options for some titles or copies, or in return for lower pricing, but they should have some option that allows for permanent, enduring access.
  • Integration — Libraries try to provide coherent access across all of the services they offer. To do this effectively, they need access to metadata and management tools provided by publishers or distributors to enhance the discovery of ebooks. Separate, stand-alone offerings of ebooks are likely to be marginalized, or to diminish awareness of other library offerings. Mechanisms that allow ebooks to be discovered within the library’s catalog and checked out or reserved without undue complexity are basic needs.

Thursday, July 26, 2012

New Model Army of Self-Publishers

News that Pearson has purchased the self-publishing roll-up Author House reminded me of this post from September 19, 2007 which I wrote just after Author House acquired iUniverse.com.  My thought this week was what took so long for a large established publisher to make this acquisition.

The news that Author House and iUniverse.com were merging was not entirely unexpected, but it is interesting to me that the publishing community basically ignored the event. While it was reported in Publisher’s Lunch and Publisher’s Weekly, the report in PW focused on the question of job cuts which may reflect a limited interest in the strategic ramifications this segment poses to mainstream publishers. Led by Lulu.com, this publishing segment is exploding and the last thing being considered will be job cuts. Just look at the capabilities on offer at Lulu. Author House and iUniverse complement each other: A number of years ago, iUniverse.com made the strategic choice to add an extensive selection of professional editorial services to their suite of services, which surpass the service offered by Author House (and others in the market). Tactically, I think the two companies will slot together like jigsaw pieces.

Random House has a relationship with Xlibris and is alone among the major publishing houses in building formal relationships with the self-publishing marketplace. I would expect other major publishers to jump into this space, in the short-term, through acquisition. The leverage these companies achieve over their technology, employees and fixed expenses, the processes they have established and the market they have built make these companies appealing. Ironically, there is a ‘democratization of access’ underway in publishing, which to date, most “publishers” have not participated in; but, this will change as traditional publishers look to the self-publisher market as a natural product extension.

In the case of Author House and iUniverse.com, they each produce over 5,000 titles per year with total staff of approximately 100. In terms of titles per month and titles per employee, they shame a traditional large publisher. Everyone will argue that the quality of the content produced by self-publishers is poor, but this is no more true than the statement that all content produced by traditional publishers is exemplary. How often has a traditional publisher invested significantly in a title’s success only to watch it sell 300 copies? For the self-publisher—with an author pays model, no inventory and no promotion expense—there is only upside if a title takes off unexpectedly (and sells 300 copies).

I am not suggesting that the self-publishing business model will be adopted anytime soon by a major publishing house, but there are lessons to be learned from the success that the self-publishing industry has built in the last 10 years. Enabling technology has produced this ‘democratization of access’ and, while it is hard to imagine that there is that much content to produce, the numbers prove the case. Lulu is producing 4,000 new titles per week for a total of 300,000 newly released titles, Author House has over 30,000 authors and 40,000 titles, and iUniverse says they have sold over 5mm books.

Amazon has invested in this area (B&N is getting out via iUniverse.com) and I see some convergence between the traditional publishing model and self-publishing. The content quality issue is irrelevant: Firstly because good content will always find its market and Secondly, because quality in the self-publishing segment depends not on the content but the service the author received. Get ready to see traditional publishers adopt some of the practices of the self-publishing industry.

Wednesday, July 18, 2012

BISG: Adult Fiction Now 30% of Sales

The BISG will release their updated annual survey of the publishing industry next week but their press release today offers some tidbits of information of interest to many who track the industry.

The overall US publishing market contracted 2.5% to $27.2Billion down from $27.9 in 2011 however the results suggest changes in the product mix or general deflationary pricing since volume was up 3.4% year on year.

Naturally a highlight of the study remains the growth of eBooks in trade and the study points to the general acceptance of buyers of Trade Adult Fiction to the eBook format.  According to the report fully 30% of revenues are now in eBook format and this is now the dominant format for buyers.  Overall the report compiles data from over 1900 publishers in for sectors:  Trade (fiction and non-fiction for adults and children), School/K-12, Higher Education and Professional/Scholarly Publishing.

More from the press release:
  • In the overall Trade sector (encompassing Fiction and Non-Fiction for Children, Young Adults and Adults), e-books’ net sales revenue more than doubled in 2011 vs. 2010. This significant growth was particularly fueled by e-books’ performance in the Adult Fiction segment where, for the first time, they ranked #1 in net revenue among all individual print and electronic formats. 
  • Among categories, both Religion and Children’s/Young Adults showed strong growth while Children’s/YA ranked as the fastest-growing category in publishing in 2011.
  • Despite the negative impact of Borders’ bankruptcy and closures, particularly on print book sales, through three quarters of 2011, the Trade market held up equal with 2010 revenue figures, even showing a slight increase. 
  • Brick-and-mortar retail remained the #1 sales distribution channel for publishers in 2011, as it did in 2010. Publishers’ revenue from direct-to-consumer sales nearly doubled, topping $1 billion for the first time.
The growth of E-Book
The e-book phenomenon continued through 2011, attributable to the ongoing popularity of e-readers, tablets, and other devices as well as publishers’ strategic production, distribution and marketing of content in all e-formats. 
In the overall Trade sector, publishers’ net sales revenue from e-books more than doubled: from $869 million, or 6% of Trade net revenues, in 2010 to $2.074 billion, or 15% of net revenues, in 2011. Units more than doubled as well: 125 million e-books sold in 2010, representing 5% of the Trade sector, grew to 388 million e-books, representing 15.5%, in 2011. While e-books showed increasing strength, the combined print formats (including Hardcover, Trade Paperback and Mass-Market Paperback) still represented the majority of publishers’ net revenue in the Trade sector at $11.1 billion for 2011. 
Within the Trade sector’s Adult Fiction category, records were broken as e-books became the dominant single format there in terms of net revenue for calendar year 2011 with 30% of total net publisher dollar sales. In 2010, e-books had ranked fourth among the individual print and electronic categories with 13% share. Adult Fiction e-book revenue for 2011 was $1.27 billion, growing by 117% from $585 million in 2010. This translated to 203 million units, up 238% from 85 million in 2010. Similar to the broader overall Trade sector, the combined print formats also represented the majority of publishers’ revenue in the Adult Fiction category, at $2.84 billion.

Overall industry numbers
Despite the prolonged impact of the Borders bankruptcy (particularly on orders of print format books) but buoyed by continuing popularity of e-books, publishers net sales revenue for the Trade sector was $13.97 billion for 2011 as compared to $13.90 for 2010. This was an increase of 0.5%.
The overall total U.S. book market (representing all commercial, entertainment, educational, professional, and scholarly sectors) declined just 2.5%, from $27.9 billion in 2010 to $27.2 billion in 2011. While overall net revenue was down, overall units were up 3.4%, from 2.68 billion in 2010 to 2.77 billion in 2011.
The Children’s/Young Adult category saw the highest year-over-year, increasing 12% from $2.48 billion to $2.78 billion. One factor was the enormous popularity of several blockbuster releases from publishers, particularly in YA Fiction. Religious books rebounded in 2011 after a decline in 2009 with its growth reflecting the category’s digital transition as well as success of several major titles.

Sales distribution channels
Despite the Borders bankruptcy resulting in the closure of more than 500 stores in 2011, brick-and-mortar retail again ranked as the #1 sales channel for publishers in 2011: net revenue was $8.59 billion, representing 31.5% of total net dollar sales. This was, however, a decline of 12.6% from 2010
This year, it was followed by:
  • Institutional sales (including sales to libraries, businesses, government, schools, and other organizations): $5.39 billion or 20%.
  • Online retail: Reflecting broader national trends in consumer purchasing, revenue from sales through online retail grew 35% from 2010 ($3.72 billion) to $5.04 billion in 2011. This channel, which represented 13% of total publisher net dollars in 2010, grew to 18.5% of the total in 2011.
  • Wholesalers/jobbers: Publishers’ revenues were $5.04 billion (18% of total) from this channel, which serves independent booksellers and mass merchants among other retailers.
A notable highlight in BookStats 2012: direct-to-consumer sales by publishers nearly doubled in revenue and topped $1 billion for the first time. In 2011, publishers saw $1.11 billion in direct-to-consumer dollars, growing from $702 million in 2010 – an increase of 58%.

Monday, June 11, 2012

MediaWeek (Vol 5, No 24): Gatsby, Effective Tweets, Taliban, Why Read? Young Offenders + More

Jay McInerney writing in the Observer about The Great Gatsby (Observer):

The Great Gatsby seems to be enjoying a moment, what with the success of the New York production of Gatz, opening in London (described by America's leading theatre critic Ben Brantley as "The most remarkable achievement in theatre not only of this year but also of this decade"), and the release later this year of Baz Luhrman's $120m film version. The book was little noticed on your side of the Atlantic on its initial publication. Collins, which had published the English editions of F Scott Fitzgerald's first two novels, rejected it outright, and the Chatto and Windus edition failed to arouse much enthusiasm, critical or commercial, when it was published in London in 1926. To be fair, the novel hadn't been a smash hit in the States the year before, selling less than his two previous novels and falling well short of the expectations of Fitzgerald and his publisher, despite some very good reviews. TS Eliot declared: "In fact, it seems to me the first step American fiction has taken since Henry James." And yet, many of the 23,000 copies printed in 1925 were gathering dust in the Scribner's warehouse when Fitzgerald died in obscurity in Hollywood 15 years later.
At that time, Gatsby seemed like the relic of an age most wanted to forget. In the succeeding years, Fitzgerald's slim tale of the jazz age became the most celebrated and beloved novel in the American canon. It's more than an American classic; it's become a defining document of the national psyche, a creation myth, the Rosetta Stone of the American dream. And yet all the attempts to adapt it to stage and screen have only served to illustrate its fragility and its flaws. Fitzgerald's prose somehow elevates a lurid and underdeveloped narrative to the level of myth.

How popular are your tweets?  Take a lesson from some researchers (The Atlantic):

The algorithm comes courtesy of a fascinating paper [pdf] from UCLA and Hewlett-Packard's HP Labs. The researchers Roja Bandari, Sitram Asur, and Bernardo Huberman teamed up to try to predict the popularity -- which is to say, the spreadability -- of news-based tweets. While previous work has relied on tweets' early performance to predict their popularity over their remaining lifespan, Bandari et al focused on predicting tweets' popularity even before they become tweets in the first place. The researchers have developed a tool that allows Twitterers -- and, in particular, news organizations -- to calibrate their tweets in advance of their posting, creating content that's optimized for maximum attention and impact. That tool allows for the forecasting of a tweeted article's popularity with a remarkable 84 percent accuracy.

An anthology of contemporary Taliban poetry is being published (The Atlantic)

The anthology has already been criticized for promoting sympathy for the Taliban. How do you respond to such commentary?
We understand where these criticisms are coming from. Troops from 50 different countries are currently fighting in Afghanistan, and each week brings news of more injured and dead. At the same time, though, we would make a distinction between sympathy and empathy. This collection was not complied to garner sympathy for the Taliban. What it does give the reader is a new window on an amorphous group, possibly allowing one to empathize with the particular author of a poem, letting one see the world through their eyes, should one want to do so. For this collection, we felt these songs brought something new to the discussion, and added a perspective on where those who associate themselves with the movement are coming from. From our own experience, we knew how important and resonant these songs were for people living in Afghanistan, and we thought it would be useful to present these to a broader community of scholars, poets and the general public.

And a somewhat related opinion piece in Salon about the need to read books-with a question mark (Salon):

Essentially we haven’t changed since the beginning of our histories. We are the same erect apes that a few million years ago discovered in a piece of rock or wood instruments of battle, while at the same time stamping on cave walls bucolic images of daily life and the revelatory palms of our hands. We are like the young Alexander who, on the one hand, dreamt of bloody wars of conquest and, on the other, always carried with him Homer’s books that spoke of the suffering caused by war and the longing for Ithaca. Like the Greeks, we allow ourselves to be governed by sick and greedy individuals for whom death is unimportant because it happens to others, and in book after book we attempt to put into words our profound conviction that it should not be so. All our acts (even amorous acts) are violent and all our arts (even those that describe such acts) contradict that violence. Our world exists in the tension between these two states.
Today, as we witness absurd wars wished upon us less from a desire for justice than from economic lust, our books may perhaps help to remind us that divisions between the good and the bad, just and unjust, them and us, is far less clear than political speeches make them out to be. The reality of literature (which ultimately holds the little wisdom allowed us) is intimately ambiguous, exists in a vast spectrum of tones and colours, is fragmented, ever-changing, never sides entirely with anyone, however heroic the character may seem. In our literary knowledge of the world, we intuit that even God is not unimpeachable; far less our beloved Andromaque, Parzifal, Alice, Candide, Bartleby, Gregor Samsa, Alonso Quijano.

From the Globe and Mail a news item about some teen inmates encouraged to write about their experiences in graphic novel form (GandM)

The result is In and Out, a graphic novel illustrated by Meghan Bell, a professional artist outside the system, based on a story line developed by the small group of 16-to-19-year-old inmates.
It follows the experiences of a young man who fights to get his life on the right track, while his brother and friends are trying to pull him back into a continued life of crime.
The goal of the project, Ms. Creedon said, was to both encourage literacy and find a way for repeat offenders to get across to their peers that there is a way to get out and stay out.
“They refer to themselves as frequent flyers,” Ms. Creedon said. “They get out and then come right back in ... it is tragic.”
She said the recidivism rate is in a large part due to the fact most young offenders have such poor literacy skills that they can’t get jobs.
From my twitter feed this week:

California takes another big step towards open education in higher ed:  

Educators say they want faster, more precise results for online searches of educational content.

How Dorothy Parker Came To Rest In Baltimore

OCLC Picks Jack Blount, former Dynix Executive, as New CEO -


Friday, June 08, 2012

Bradbury reads "If only We had Taller Been"

On Nov. 12, 1971, on the eve of Mariner 9 going into orbit at Mars, Bradbury took part in a symposium at Caltech with Arthur C. Clarke, journalist Walter Sullivan, and scientists Carl Sagan and Bruce Murray. In this excerpt, Bradbury reads his poem, "If Only We Had Taller Been."

Monday, June 04, 2012

BookExpo Week: Education Sessions of Interest

Some of the many interesting sessions at the Book Expo conference here in the big smoke this week.  (Full Program)

Raise Your Revenue & Increase Your Profit Margins With Direct-To-Consumer Sales

Date: Monday, June 4 9:30 am - 10:20 am
Location: 1E04
Author/Participant: Don Leeper (Founder ) BookMobile
John Oakes (co-publisher) OR Books
Keith Shay (CEO) Ware-Pak
Molly Koecher (Vice President & General Manager) Cartech, Inc.
Description:
Direct To Consumer Sales (DTC) are an indispensible sales option for publishers who want to be successful. Savvy publishers can take advantage of Direct-To-Consumer Sales and look forward to an increase in earning potential and establishing social relationships with a target audience for future sales. By selling directly to the consumer, publishers earn the full retail price of their products, which translates into higher profit margins. As a publisher, each time you reach out and make a connection to your consumer directly, it builds your brand, utilizes the reaching-readers strategy, and can create a loyal audience for future titles and products. This informative and educational session will help publishers learn how to fulfill online ebook sales and the logistics of print fulfillment. Also included are the secrets to creating a successful promotional marketing campaign, building a consumer-focused website and how to take full advantage of Print on Demand (POD). 

Protecting Your Titles - Building Out The Digital Rights & Permissions Marketplace!

Date: Monday, June 4 11:00 am - 11:50 am
Location: 1E04
Author/Participant: Bill Manfull (Sales Director)
  Michael Healy (Executive Director, Author & Publisher Relations)
  Robert Kasher
  Dick Stahl (Managing Director)
Description:
The next digital frontier in publishing will focus on Digital Rights and Permissions! This exciting and informative session will focus on presenting a hands-on practical guide to protecting published works with the digitalization of Rights and Permissions. Publishers will learn exactly what the benefits are to having proper Digital Rights and Permissions in place for their titles. Learn how to handle legacy contract digitalizing and why making this a priority is so important in today's downloadable mobile environment. Publishers who want to successfully enter the online marketplace should be integrated into the Book Industry Study Group's controlled rights vocabulary for Onix3 metadata and this will be covered in detail during this session. 

The Changing Face of E-Book Reading: Presenting Trended E-Book Consumer Data, 2009 - 2012

Date: Tuesday, June 5 9:00 am - 9:50 am
Location: 1E16
Author/Participant: Len Vlahos
Description:
Peel away both the hype and the cynicism and find out how consumers are actually using e-readers and consuming digital content. Presenting results from the third volume of the Book Industry Study Group's (BISG's) Consumer Attitudes Toward E-book Reading survey, Len Vlahos will provide a window into the mind of an e-book consumer. From e-reader preferences to price sensitivity, learn what end users really think today, and how this thinking has changed over the past three years.

The Current Size of U.S. Book Publishing: Exploring Shifts (2008-2011) Across Format, Category and Channel

Date: Tuesday, June 5 - 2:00 pm - 2:50 pm
Location: 1E11
Author/Participant:
  Dominique Raccah (CEO and Publisher) Sourcebooks
  Moderator(s)
  Angela Bole
  Speaker(s)
  Kelly Gallagher (VP of Publishing Services) RR Bowker
  Tina Jordan (Vice President) Association of American Publishers
Description:
In 2011, BookStats a joint venture between the Association of American Publishers and the Book Industry Study Group revolutionized the way the book industry looked at its own data. For the first time, publishers, booksellers, and other stakeholders benefited from an accurate sizing of the entire book ecosystem based on a heralded new methodology. Now, in 2012, BookStats is back, bigger and better than ever. In addition to data across three angles format, category, and channel the new edition will include a deeper dive into category analysis along with individual company benchmarking. In this session, members of the BookStats Steering Committee will reveal topline results from BookStats 2012 and discuss the importance of good data to the entire industry. 

Digital Show & Tell

Date: Thursday, June 7 - 9:00 am - 12:00 pm
Location: 1E12/1E13
Author/Participant:
  Presenter(s):  Book Industry Study Group
Description:
At Digital Show & Tell, developed by the Book Industry Study Group (BISG) and sponsored by BookExpo America (BEA), participants will "Speed Date" up and coming projects in the e-book, e-reader, digital book and digital content space. How it works: Over the course of four hours – punctuated with coffee breaks, of course! – eighteen demonstrators will elevator pitch their innovative digital projects to a small group of participants for 5 minutes. Once time is up, the participants will rotate to a new demonstrator. When all’s said and done, participants will have "dated" eighteen exciting new digital projects and voted for their favorite! Digital Show & Tell is for anyone in the book publishing industry that wants to get up close and personal with new technologies and talk directly with the people who created and use them. Separate registration is required through the BISG website for this innovative, experiential program. Visit http://www.bisg.org/events-0-813-digital-show-tell.php for more information. There is an additional $25 fee to cover the cost of refreshments. Please note: all participants are also required to have a BEA badge to attend. BISG will ask at registration whether or not the person already has a BEA badge