What Can Publishing Learn from the Film Industry?

book publishing, publishers, books, ebooks, subscription servicesSince 2005, multiple business models have been flourishing in the Scandinavian ebook market. With Storytel’s acquisition of its Danish rival subscription service provider Mofibo earlier this year, the large Northern European player is leading the way for the next generation of subscription services in the book industry.

However, as seen in the music industry, streaming subscription services equal lower margins per consumed product. So the question becomes, are lower margins per sold book inevitable?

Luckily for book publishing, we tend to move more slowly than other players in the entertainment industry when it comes to new technologies and business models. And thankfully, this slow adoption has given us the chance to learn from other sectors, like music and film. Even though the consumption patterns of products, and the products themselves, are very different, there are still many similarities in the digital transformation that the businesses have undergone.

Much more.


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DBW Conference Focuses on Solutions and Opportunities for Publishers (DBW)
The 8th Annual Digital Book World (DBW 2017), Jan. 17 – 19, 2017 in N.Y.C., will present fresh content on key topics, real-world solutions and opportunities for publishers and their partners, as well as the latest tools and techniques for smarter book publishing in a digital world. Registration and conference program details are now available at digitalbookworldconference.com (the best advance pricing ends on Oct. 31).

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