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Subject

Editorial industry outlook.

Significance

Digitisation in the publishing industry has spurred profound change in how written content is conceived, packaged and distributed. The United States has experienced a 37% drop in book sales since 2009. Yet e-books do not herald the death of print, allowing publishers to target different forms of their products to different customers.

Impacts

Amazon's recent dispute with Hachette has raised antitrust concerns about the power of the retail giant in setting e-books prices.

Publishers now focus on 'discoverability', making content more visible, and easier to navigate and access.

Publishers risk losing 'big names' authors who can increasingly self-publish.

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