The Business of Books 2017 is an annual publication from Franfkurter Buchmesse that gives insight into the trends related to book publishing (traditional and digital) worldwide, including markets in North and South America, Europe, and Asia.
While the paper’s focus is on the publishing industry—particularly the trade side of it, and, unsurprisingly, the Anglo-Saxon influence of it—much insight can be gained here on many other aspects of the book industry by all who are in one way or another, directly or indirectly, involved with the book business, especially librarians, educators, independent authors, and various media companies that look to publishing (trade and educational) to expand their offerings, particularly in the field of ebook distribution, audiobooks, multi-media, and gaming.
The white paper may be downloaded on the Book Fair’s web site. Continue reading Business of Books 2017: A new white paper gives valuable insight into the state of publishing worldwide and the impact of digital and self-publishing
Frankfurter Buchmesse‘s white paper, Industry Leaders’ Perspectives on the Digital Transformation Journey in Publishing, is based on interviews with leaders from the STM, Education and Trade sectors. The objective was to gain insights regarding five core elements in the digital transformation journey: Content Storage, Metadata, Content Agility, Discoverability and Collaboration. The interviews were conducted in early 2017 and include senior leaders holding “C-Suite,” Vice-President and Director+ positions.
The full PDF may be downloaded here. Some highlights below.
On how publishers are progressing with digital transformation
- Half of the interviewees believe their current transformation efforts were ‘on par’ relative to peers in the publishing industry.
- STM organizations cited significant investments in 3 of the 5 transformational areas over the past few years, bolstering their claim to “lead” the rest of the industry.
- Conversely, over 30 percent of Trade and 50 percent of EDU respondents feel that their companies are lagging the industry on the transformation journey.
- 50 percent of publishers interviewed are looking for ways to replace declining revenues from print and advertising, with 41 percent looking to new product options.
Continue reading STM, trade and education industry leaders offer perspectives on digital transformation in publishing
Portal on all aspects of ebooks and digital content and for all creating, reading, publishing, managing, curating, and distributing the written word and other content in digital format, including publishers, writers, editors, content developers, distributors, educators, librarians and information science professionals. With contributions from book and library professionals and thought leaders in the United States and around the world.