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Interesting Times for ePublishing: Chaos, Creativity, and Competition

The publishing industry is floundering as it tries and often fails to adapt to rapid technological change. But on the margins, innovators thrive.

Source: Bigstock

New technologies are appearing so rapidly that the publishing industry - already slow to respond to changes a generation ago - is poorly positioned to take advantage of them. Consequently, unless some killer app appears to solve current conundrums, revenue growth for the epublishing industry, including subscription revenue, is likely to be flat to negative looking ahead five years. Look at this revenue forecast for ePublishing revenue out to 2021:

(Source: Statista) This a...

 

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