This Is The Kind Of Competition Publishers Want Publishing

Since the huge shift to online purchasing and e-books, a common meme is that there is some kind of “discoverability” problem in publishing. The funny thing is readers don’t seem to have any problem finding books they love. Any readers I talk to have a time problem – reading lists a mile long and never enough hours in the day to read all the great books they are discovering. The real discoverability problem in publishing is that readers are discovering (and enjoying) books that don’t come from the large publishers. What these publishers have is a competition problem not a discoverability problem. Amazon regularly gets slated for purported anti-competitive actions, but it has done more to create the digital marketplace Read More…

Why The Digital Revolution Threatens Large Publishers

I think I’ve made a robust case for a digital future, but I’m less sure I’ve convincingly explained why the digital revolution threatens large publishers. In Thursday’s post, we looked at the recent BookStats survey of the American publishing industry. Some are touting its results as evidence that publishing is in rude health. I argued that the report only covers the very beginning of the e-book explosion that began late last year which has radically changed the marketplace, and which will adversely affect the fortunes of the larger publishers. That sparked a vigorous discussion in the comments, and one person (correctly) pointed out that lots of those big-selling e-books are being sold by the large publishers, that they have huge Read More…