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

Discovering Caravaggio relatives

The village of Caravaggio in Italy is famous as the birthplace of its namesake, the painter Michelangelo Merisi, better known as Caravaggio. more »

Modern African art in New York auction

A major art gallery in New York is hosting what it calls the city s first contemporary and modern African commercial art auction. more »

Monuments to Europe

EU to highlight sites that celebrate and symbolise European integration, ideals and history. more »

Go digital!

Digital technology is essential for Europe to stay competitive. And for you, good skills in this area could deliver a more stimulating job, in a fast-moving environment. more »

Ministry of Housing puts the excellence of young Spanish architecture on show in Brussels

The primary aim of the Young Architects of Spain exhibition is to discover a generation of Spanish architects under 40 years of age who are admired by their professional peers. more »

Eurojazz: a festival for a continent of jazz

Eurojazz is a festival that is being held to mark the Spanish Presidency of the EU, although it certainly doesn't need such important justification. more »

Tres en Suma: three artistic spirits and one heart

Following its audiovisual and performance based contribution to the International Contemporary Art Fair (Arco), the Ellas Crean festival is now continuing in its mission to showcase alternative art trends that exist at the outer limits of the commercial rules imposed by the art industry. more »

Ellas Crean: a festival for equality and culture

The ambitious programme of the sixth edition of “Ellas Crean”, the festival that celebrates and gives recognition to female creativity, includes more than 150 cultural activities, carried out by around 200 artists in 40 cities spread over the five continents. more »

El Greco's painting is rehabilitated in Brussels

The exhibition, ‘EL GRECO Domenikos Theotokopoulos 1900’ returns to Europe after a two-month stay at the Palacio de Bellas Artes in Mexico, where it received more than 250 000 visitors. more »

20 suits for Europe: a dialogue between fashion and literature

The exhibition entitled “20 suits for Europe. Designers converse with literature” is the creative result of twenty designers from Spain, Belgium and Hungary being inspired by the works of other Spanish, Belgian and Hungarian writers and poets. more »