Posts tagged Influential Software
The Flat Future of Electronic Reading
December 20, 2012 | 2:21 pm
By Andy Richardson, CEO of Influential Software The future wasn’t meant to look like this. According to e-book evangelists, freeing the book from its paper format was going to herald a new era of reading. Physical book sales would wither and e-book sales soar as a new generation of reader, converted by the convenience of digital reading, thumbed through Twilight on their phones. I believe this was a fatally flawed reading of the future, for multiple reasons: It was based on the notion that e-book sales were automatically ‘additive’ to the overall book market, when publishers had no way of tracking whether e-book...
McGraw-Hill: We don’t need no education publishers
November 30, 2012 | 12:21 pm
By Andy Richardson, CEO of Influential Software It’s a case of another week, another publishing takeover. This week, McGraw-Hill announced that it was offloading its education publishing business, though this time not to another publisher. The private equity arm of investment firm Apollo Global Management will take control of the textbook publisher, which has undershot its revenue targets in seven of the last eight quarters and has been on the market for a year. Apollo’s decision to invest nearly $2.5 billion in the company is a signal that the money men believe there’s still a lot of profit to be made from educational publishing. What’s less clear, however, is...
What’s missing from the UK government’s e-book lending review?
September 28, 2012 | 11:29 am
By Andy Richardson, CEO of Influential Software Last week the UK Culture minister, Ed Vaizey, bowed to sustained pressure from publishers and The Society of Authors and announced a government review of e-book lending that will have important implications for the British book trade. The review’s stated objective is to look into the “possible consequences of e-lending, including the long term impact on library premises, the effect on publishers and the impact on those who cannot keep up with changes in technology,” and will be chaired by William Sieghart, the founder of Forward Publishing. Looking at the official announcement that the Department of Culture,...