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Publishing Impacts in the News
This section is for the impacts that publishing has had recently on businesses, etc.
Borders Book Store Closing
The change in publishing is an indirect cause of bookstores closing. Borders is one of many across the United States closing. Publishing has changed from only being in print format to a more online approach. Kindle, by Amazon, as well as other digital electronic books have begun to change how people buy them. There is less of a need to buy a book in physical format because of this new technology. Amazon, as well as other online companies sell books at a lower price and therefore became the winning competitor. Borders failed to pick up on the more online approach to busines and therefore lead themselves slowing down a trail to bankruptcy. There are other reasons that it is going out of business but publishing changes and trends have become a cause in failure.
To read about other reasons Borders is closing, check out: http://www.quora.com/Borders-Books/Why-is-Barnes-and-Noble-performing-well-as-a-business-while-Borders-is-near-or-has-even-reached-bankruptcy
To read about other reasons Borders is closing, check out: http://www.quora.com/Borders-Books/Why-is-Barnes-and-Noble-performing-well-as-a-business-while-Borders-is-near-or-has-even-reached-bankruptcy
E-books Effects (Libraries, Sales, Forcasted Sales)
As stated in a Seattle Times Article on April 3, 2011, Libraries are being affected by e-books. Many e-book sellers do not want to sell to libraries. "HarperCollins decided recently to limit the number of times an e-book can be checked out from a library before the library would have to pay again. The number of check outs that HarperCollins decided on was 26. Libraries don't like that idea because sometimes books in print can be checked out way more than 26 times and sometimes they don't last that long. One Massachusetts librarian argued that, "No one tells a library they have to pull their books off the shelf after a certain number of circulations, so why should this be different?." Book publishers argue that selling e-books to libraries could "...hurt the growing e-book channel, place additional pressure on physical bookstores, and in the end lead to a decrease in book sales and royalties paid to authors." The e-books would be sold to libraries at a hardcover rate the first time and then for a lower cost the second time the library purchased it. The debate on this issue is a tough one because both sides have valid points.
To read more on the article visit: http://seattletimes.nwsource.com/html/books/2014662056_litlife04.html
If you have any thoughts on the news articles, please post them to my blog.
To read more on the article visit: http://seattletimes.nwsource.com/html/books/2014662056_litlife04.html
If you have any thoughts on the news articles, please post them to my blog.