Digital Publishing: 2014 and Beyond (via @gigaom, HT: @joostmoerenburg)

Joe Hyrkin talks about his

Digital publishing is now a mature, thriving industry, and yet many still insist that publishing is in its death throes. Book publishers know better: While hardcover sales declined slightly between 2008 and 2012 (from $5.2 billion to $5 billion), eBook sales grew at an astonishing clip during that period, rising from $64 million to $3 billion. And while digital publications are typically sold at a lower per-unit cost, profit margins are much higher – from 41 percent to 75 percent as publishers make the transition from print to digital.

There’s also a good infographic from October 2013 here, about book sale figures. Personally I baulked at the $15 eBook price, but I don’t buy DRM books so I have no idea if that’s normal: http://www.newrepublic.com/article/114998/book-business-doing-fine

Joe lists three trends he considers important in the coming year of publishing:

  1. Twitter as the tip of the iceberg
  2. New long-form content discovery venues
  3. Growth in ad spending

Click through to the original article to dig into what he has to say about these things (Boo hiss at ‘ad spending’, personally): http://gigaom.com/2014/01/04/digital-publishing-how-it-will-evolve-in-2014-and-beyond/

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