Tuesday, December 12, 2006

THE FUTURE OF THE BOOK BUSINESS

There's been a lot of talk about that recently, stirred up mainly, I think, by two things; the acquisition of Ottakars by Waterstones, and Google's plans to digitize every book ever released.

I mention the Wottakars thing, because I suspect that move is probably a sign that bricks and mortar book selling is entering its final phase, as Amazon continues to sweep up most of the trade, and the likes of Tesco and Asda take the rest.

Amongst the pros in the business, there's talk that atleast two of the five link chain (Author-Agent-Publisher-Retailer-Customer) will either vanish or merge in the next few years. And it's obvious who those two contenders are, isn't it?

I can foresee the likes of Amazon and Google buying up publishers, and in the first instance publishing printed books, sold over the net, and later on, digitally downloaded.

The latter stage requiring a must-have digital reader to be designed. And I'm sure it'll be Apple who get in first with an I-read....something easy on the eye and delightful to hold.

IMHO, the big question is: how quickly will this happen? I don't know, however, if a book equivalent of the Ipod arrived on the market tomorrow, it would certainly act as a catalyst.

4 comments:

AndyC said...

agreed, and I draw your attention to my comment on the CrapTV entry... soon as they do that, books will die a death as we know them, nostalgics will still want paper bound books but as the trees get used up, books will have to die...

parmenion said...

So Alex, is this the big idea you have been looking for??
Do you know of have the tech expertise to create the E-book.
as Andy put it the pocket book that can hold all your books?

Anonymous said...

Hi, i was looking over your blog and didn't
quite find what I was looking for. I'm looking for
different ways to earn money... I did find this though...
a place where you can make some nice extra cash secret shopping.
I made over $900 last month having fun!
make extra money now

mike chester said...

I can't see people lying on the beach reading the book equivalent of the i-pod.

I used to be an engineer and we had all of our technical documents digitized. Guess what? Even engineers still preferred to use the manuals rather than the electronic version.