Publishing House Goes All Digital
As digital books continue to gain market share, one of the country’s oldest mass paperback publishers is abandoning its traditional print books and making its titles available in digital format and print-on-demand only.
Dorchester Publishing Inc., a closely held book and magazine house, said it is making the switch after its book unit sales fell 25% last year, in part because of declining orders from some of its key retail accounts, including Wal-Mart Stores Inc. A spokeswoman for Wal-Mart declined comment.
“It wasn’t a long, drawn out decision, because we’ve been putting in the effort but not getting the results,” said Dorchester Chief Executive John Prebich.
The move comes at a time when electronic-book sales are gaining popularity with readers. Mike Shatzkin, chief executive of the Idea Logical Co., publishing consultants, predicts that digital books will be 20% to 25% of unit sales by the end of 2012, up from around 8% today.
What do you think about this news? I find it quite disconcerting that it is possible that books as we know it, will begin to disappear. Of course, it will also be cheaper for publishers to send products to market. However, don’t expect authors to make more money.