Today’s post covers the topic, Will print books be replaced by digital media. I look forward to your remarks on this subject.
For the past several years I have read articles hinting that the eBook reader will replace the printed book. My answer then as it is now is maybe. By this I mean that the traditional publisher’s model of printing a hardback novel followed by the paperback must change .Change to what? I foresee a model where most of the hardbacks and paperbacks will be replaced by the trade paperback only. It is clear that the digital book is here to stay and has impacted the overall sales of hardback/paperback books.
When I first began researching how much eBook sales increased the profit of the major publishing companies I noted a surprising trend. All of the major companies reported almost identical digital sales—2 to 3%. Today, these sale figures can’t be ignored because they are now in the 25 to 30% range. Do you see a trend here?
Follow this link to a publishing giant’s article titled Dumping print, NY publisher bets the ranch on apps. It will open your eyes.