Kodak Posts Videos from the Future of Book Publishing Roundtable
ROCHESTER, NY—Jan. 31, 2011—While the book market overall will remain relatively flat over the next three years, digital technologies will provide new opportunities and better processes for content creation, delivery and production. That perspective was one of many shared by participants during an expansive roundtable discussion about the future of book publishing.
Held at the New York Public Library and hosted by Kodak, the roundtable brought together executives from book publishing, manufacturing, retailing and distribution companies, as well as an author.
“Given the sea changes taking place in every facet of the book publishing market, the time was right to hear from a panel of experts about trends, issues, opportunities and predictions,” said Chris Verlander, director of Book Segment Marketing, Kodak. “While acknowledging both excitement and anxiety about the transformation taking place, there was optimism from the panelists about the benefits and advantages that digital technologies bring to the book market in today’s cross-platform publishing world.”
Topics, highlights and points-of-view shared by various participants included:
• The fluctuating revenue model for e-books as publishers have assumed a number of new costs, such as licensing and privacy protection, associated with e-books.
• High-speed inkjet printing will have a significant impact on book manufacturing—“the biggest development in publishing in the past 50 years,” according to one panelist.
• Inkjet printing will allow for more and shorter production runs, saving on inventory, waste and obsolescence costs, and providing a means for niche books to be printed that otherwise wouldn’t get produced.
• E-books make it possible to offer new promotions based on an individual’s interests, such as bundling similar e-books into one download or including a sample of a different author’s work with an e-book purchase.
• Print-on-demand book production minimizes losses associated with returns, which can average 15 percent for many titles.