It is safe to assume that everybody in this room read Ken Auletta’s piece in The New Yorker a month ago which described in somewhat frightening terms the current state of consumer publishing in the US. It was a piece that didn’t make any publishing insiders very happy and which had flaws that made it easy for some to dismiss. And while I agree that it fails in economic analysis, I think Auletta’s piece was pretty good journalism
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How Quickly Things Change
…oh, what a year 1995 has been.
This morning I want to discuss what I think are the three most important, useful, and actionable truths about new technology and New Media that have been clearly revealed in the past twelve months as far as book publishers are concerned. All were, at best, obscure matters of conjecture 12 months ago.
Some Aspects of the Retailing of Books
In our country, leaving aside the copies going to libraries, 70 % of books reach their readers through bookstores. There is no doubt that the well-being of book publishing in America – for the author, for the publisher and for the general public – rests solidly on the shoulders of our retail bookstore network. The health of those shoulders – the health of the retail bookstore – is very important to the health of every aspect of American publishing, to the author, the publisher, and the general public
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