CEOs Weigh in on the Biggest Challenge Facing Publishers

25mph2Disappearing bookshelf space, how readers will discover new authors and titles and the fast pace of change in the industry are three of the thorniest problems facing publishers, according to a panel of publishing company CEOs speaking at Digital Book World 2014 in New York.

“The loss of shelf space and that whole discovery mechanism — how do you replace it and how do you replace it in a way that will keep consumers going to books?” asked Simon & Schuster CEO Carolyn Reidy.

She was joined by F+W Media CEO David Nussbaum, Sourcebooks CEO Dominique Raccah and O’Reilly Media CEO Tim O’Reilly. More.

These executives were joined by 1,500 others at the largest Digital Book World ever. A sampling of the news stories to come out of the conference yesterday below.

Stay tuned to, @DigiBookWorld and the DBW Daily for all the latest updates!

Oyster Raises $14 Million (DBW)
Ebook subscription service Oyster has raised another $14 million to add to the $3 million is already raised. At DBW, publishing executives weigh in on the ebook subscription model.

DBW14: LeVar Burton and the 2014 Digital Book Awards (DBW)
LeVar Burton sparkled on stage as the host of the 2014 Digital Book Awards. See a list of finalists and winners here.

Class Action Suit Filed Against Barnes & Noble (PW)
Several law firms have filed lawsuit against Barnes & Noble alleging the misleading of investors through much of 2013.

DBW14: Shatzkin Looks Back and Forward (DBW)
“When we started DBW, there was very little questioning of what a book actually was,” recalled Mike Shatzkin, CEO of The Idea Logical Company and conference council chair of Digital Book World 2014.

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DBW14: International Next Digital Frontier (DBW)
Simon & Schuster CEO Carolyn Reidy expects to see robust growth from international ebook sales in the years to come. She also offers insights on how those markets might mature.

DBW14: Ingram Invests in Book Club Start-up Librify (DBW)
Announced at Digital Book World, Ingram has invested in book club start-up Librify. The Librify founder and Ingram investor met at Digital Book World 2013.

DBW14: Why O’Reilly Closed Tools of Change (DBW)
Appearing at Digital Book World less than a year after deciding to shutter his popular O’Reilly Tools of Change digital publishing conferences, O’Reilly Media CEO Tim O’Reilly told the assembled execs why he decided to do so.

DBW14: F+W’s Big List (DBW)
Enthusiast publisher F+W Media, which owns and operates Digital Book World, revealed at the conference that it sold products and services directly to 20 million consumers last year.

DBW14: Why Publishers Should Partner With Start-ups (DBW)
In short, speed.

DBW14: Five Recommendations for Publishers Using Data (DBW)
Publishers talking about “big data is a little bit like teenagers talking about how many girlfriends they have,” joked Chantal Restivo-Alessi, chief digital officer at HarperCollins. The metaphor stuck.

OverDrive Has Huge Year (DBW)
Library ebook distributor OverDrive has had a record-breaking 2013, with 102 million checkouts of ebooks from libraries.

Simon & Schuster Launches New Science Fiction Imprint (DBW)
Simon451 will publish both print and ebook science fiction titles.

DBW14: Challenges Remain in Digital Content Development (DBW)
While there have been technological advances in digital content development, they haven’t kept up with publisher demand.

Slicebooks Soft Launch (Digital Journal)
The service which allows publishers to create new content by slicing and dicing ebooks has soft-launched.

Richard Nash Moves to Byliner (Pub Lunch)
Formerly of now-defunct digital publishing start-up Small Demons, Richard Nash has been appointed vice president of partnerships at digital publisher Byliner.


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