eBooks Will Fall to Multichannel Publishing

Published: 29 December 2000 y., Friday

Forrester predicts strong sales for custom-printed trade books and digitized textbooks, which will force publishers to dramatically restructure their processes and technologies. Digital delivery of custom-printed books, textbooks, and eBooks will account for revenues of $7.8 billion -- 17.5 percent of publishing industry revenues -- in five years. Of this amount, only $251 million will come from eBooks, according to Forrester's report "Books Unbound." Taken together, custom printing, digital textbooks, and eBooks will pressure publishers to offer greater consumer choice, variable presentation and delivery, and new ways to purchase, none of which authors can do themselves. The result is a new publishing model that Forrester calls multichannel publishing. Successful publishers will manage all of their content from a single, comprehensive storehouse, a repository containing modular book content and structure. According to Forrester's report, multichannel publishers will develop current business practices to match the Internet's speed and convenience. For example, negotiations between publishers' editors and authors' agents must begin to incorporate online research, communities of interest, Net promotional plans, and product variants. Multichannel publishing requires acquisitions driven by identification of demand, maximum flexibility in product packaging, and improved time to market. To realize the benefits of digital books, Forrester says multichannel publishers will need new technologies that support multichannel delivery. Successful companies will adopt XML to separate content from layout and enable delivery on any platform or device. Publishers will also convert content into both PDF and OpeneBook (OeB) files, which are easier than XML to repurpose and share with partners. Digital books will also change the book marketing industry, which has long been a matter of co-op bookseller ads, author appearances, and word of mouth -- all geared toward driving store traffic. In the case of digital books, however, Forrester says every promotional message is also an opportunity to buy on the spot, and the product itself doesn't exist until it is delivered to the buyer. Flexible pricing and value-added components further reinforce successful multichannel publishing. For its report, Forrester interviewed 51 trade, educational, and professional publishers and surveyed 71 authors via e-mail. Each publish an average of 430 new books per year and typically have an active backlist of 1,486 titles.

Šaltinis: cyberatlas.internet.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Long-standing disputes

Estonia officially declared that it would stage next year's Eurovision more »

Greasing the Wheels:

The parliamentary enquiry into the Hungarian oil scandals more »

Spurred debate

Cannes critics rate "Rouge" more »

Opera singer Pauls Berkolds earns PhD in Music

Bass baritone Pauls Berkolds, well known to Latvian audiences in North America, has earned a Doctor’s degree in Music from the University of Southern California, where he also earned his Master’s degree in Music. more »

Pulitzer Prizes in Arts Awarded

The 2001 Pulitzer Prize for drama went Monday to David Auburn for his play ``Proof,'' a family saga about a young woman haunted by the mental collapse of her father. more »

Rushdie's forums

Rushdie Attends Discussion About Late Italian Jewish Writer Levi more »

The hopes of Muslim community

Ferhad-Pasha's Mosque to be Rebuilt in Heart of Bosnian Serb Territory more »

Prince on the Web like it’s 1999

Musician offers tunes on the NPG Music Club for a fee more »

Turkish Police Seize Stolen Picassos

Police detained four men, including the nephew and driver of a Turkish lawmaker, after they allegedly tried to sell two stolen paintings by Pablo Picasso to undercover officers more »

Gold Mettle

'Gladiator'' and Julia Roberts are leading the race . more »