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Book Publishing Industry

In: English and Literature

Submitted By abbeyradville
Words 1391
Pages 6
Assignment 1

The book publishing industry is rapidly changing. Gone are the days of brick and mortar book stores. People desire the fast paced changing world that technology has created. Technology has led to a total and complete transformation of the way books are sold. This new phenomena is known as the electronic book. The electronic book or eBook allows users to download their favorite book right to there handheld reader. These readers take the form of dedicated eBook devices such as the Kindle or fully integrated digital media devices such as the IPad. These downloads are relatively inexpensive compared to buying the printed book version. Also, as technology progresses and the market becomes more saturated the price of the readers will fall even lower than their already relatively affordable prices. Does this new form of media have enough to overtake its predecessor of the printed book?

The introduction of this near perfect sounding new media is facing some resistance. This resistance is coming for the publishers that produce the material in the first place. They are fighting to keep the old business model of printed books alive. This struggle is similar to that of the music industry. The once striving music industry is now crumbled due to the introduction of online music downloads. Most of this is due to illegal music sharing, but it is also attributable to the pricing of the songs. Publishers fear that this will have the same effect on the book industry. There are many unknowns as the eBook industry evolves, but one thing may be clear, the eBook industry has arrived ready to take over. Is there still room for the printed book or has the electronic book completely taken over?

Q1: What are the Industry Value Chains of Printed Books and eBooks? Discuss each activity in value chains.

A1: Printed Books:
|Writers...

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