Quote:
Originally Posted by SteveEisenberg
book publishers remain more financially healthy than newspapers and magazine publishers
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That is a given. Newspaper and magazine has the big disadvantage of being incapable of cashing in on older issues. Thereas the gigantic backlist with virtually never ending copyright keeps book publishers financially healthier. Doesn't mean at all that they are adapting any better. There is huge potential to cash in on the backlist, but the publishers remain stubborn in changing their ways. The newfangled ebooks are not simply going to blow over and the publishers merely need to wait it out to go back to business as it used to be. How they still think it should be.