To grow, publishers must either battle other publishers over market share or identify and serve new markets. Digital media are useful to publishers only insofar as they serve one of these aims. (A separate matter is using digital media to drive down costs and boost profits, but that is not growth in the defined sense.) Using digital media to redistribute market share may be costly and not lead to the expected gains, as a publisher's rivals are likely to use the very same tactics: anyone can publish for the iPhone and Android, anyone can get books onto the Kindle, anyone can set up a comprehensive XML workflow. But with market share battles there is no relief; it is an arms race, and a publisher can no more forego publishing in digital form than it can stop seeking new and creative authors. For a publisher pursuing growth, alas, it's new markets or nothing.
Interstitial Publishing | The Scholarly Kitchen
24 August 2015
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