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Posts tagged innovation

Carnegie UK Trust provides funds for library innovation
August 13, 2014 | 2:25 pm

The Carnegie UK Trust, "one of over twenty foundations established by Andrew Carnegie," is releasing some £200,000 ($335,440) to help UK public libraries "future-proof their services." According to the Trust, "the three year funding programme, ‘Carnegie Library Lab’ will create partnerships with up to 15 public libraries to support innovative practice and show that book lending is only one of many services that libraries can deliver." Without directly challenging recent UK government policy on libraries, the Trust states in its materials that: The Carnegie name is synonymous with support for public libraries and Carnegie Library Lab has been launched to continue this...

Why don’t you write with that old book?
July 26, 2014 | 2:29 pm

Here's a novel (no pun intended) use for that old unwanted book or printout - why not turn its paper into a writing instrument? That takes the whole concept of recycling one step further - and sure enough, this innovation is at concept stage only. But it appears very slick, as well as interesting. From IPPINKA, the Niagara Falls, NY-based company that "wants you to consume less," the P2P intends to "turn paper into pencils." According to the designers, "the machine takes used memos and other recyclable pieces of paper and transforms them into usable pencils ... Simply feed the waste paper...

Next Big Book wins Book Expo Challenge – but should it have?
June 1, 2014 | 12:00 pm

Publishing technology company Next Big Book has won the first-ever Book Expo Challenge at Book Expo America 2014, netting a $10,000 prize and the chance to present to venture capitalists and publishing execs. Next Big Books "analyzes social, sales, and marketing signals to help you make smarter, braver decisions." Next Big Book aims to help out the publishing industry thus: Digital publishing and social media have added exponentially to the intricacy of an industry already complicated by tens of thousands of authors and millions of titles spanning dozens of genres and formats. Our monitoring and analysis tools will help you make sense...

Icahn, Apple can’t?
January 23, 2014 | 4:28 pm

Activist investor Carl Icahn has put Apple fairly in his sights with a tweet and subsequent interviews that confirmed he has taken up a large position in the Cupertino giant's stock - in the expectation of pushing it into escalating its share buyback program, which would deliver a handsome return to shareholders. "Having purchased $500 million more $AAPL shares in the last two weeks, our investment has crossed the $3 billion mark yesterday," he tweeted, following this with: "We feel $APPL board is doing great disservice to shareholders by not having markedly increased its buyback. In-depth letter to follow soon." As quoted...

Frankfurt Book Fair survey finds media sector in state of runny flux
July 5, 2013 | 1:45 pm

Frankfurt Book FairA just-released survey of media industry opinion, conducted under the auspices of the Frankfurt Book Fair in the long lead-up to the European publishing industry's number one event in October, finds the media sector caught on the cusp between past and future, and highly uncertain about which way things will go. Carried out by Frankfurt StoryDrive (an initiative that "bursts the boundaries between narrative worlds") and newthinking communications GmbH, the "Market Climate Survey on the Future of the Content and Media World" polled 1,400 media pros, asking them broadly: "What will the [media] world look like in 10 years ?" The resulting survey...

Do agency-priced e-book royalties rob the authors?
June 24, 2013 | 10:18 pm

How does agency pricing affect author royalties? Sharp-eyed blogger Brian DeFiore spotted a clue in a slide from HarperCollins’s latest investors’ meeting pointing out that, under agency pricing and the now-standard 25% e-book royalty, publishers are making considerably more and authors considerably less for each agency-priced e-book sale than for each hardcover sale. $27.99 hardcover generates $5.67 profit to publisher and $4.20 royalty to author $14.99 agency priced e-book generates $7.87 profit to publisher and $2.62 royalty to author. So, in other words, at these average price points, every time...

A Lesson In Publishing Innovation, Direct from the Shopping Mall
December 5, 2012 | 3:10 pm

I'm doing my holiday shopping this week, and it struck me how in some ways, the changes the publishing industry faces right now are a lot like the changes a family goes through as people evolve and grow. In my family, we don't buy for adults but we do buy small presents for little children, and the puzzle this year has been what to do about the baby niece. Her toddler brother is no problem; he's old enough to have a personality and is obsessed with dinosaurs right now, so we'll be buying him something dinosaur-themed. But his newborn sister doesn't...

Publishing will survive through innovation
July 9, 2012 | 8:15 pm

Is publishing “dying”? On FutureBook, Vicky Hartley expresses doubt. She points to a number of great new multimedia apps on tablets that demonstrate some publishers are finding ways to use the new capabilities of tablets to reach out to readers better than ever before. Heuristic Media’s London – A City Through Time is one example, and the works of children’s book-based-app publisher Nosy Crow are another. I’ll admit to being rather impressed by the trailer on London’s website, but I think it might be a bit premature to generalize from just a few book-related apps like this to...

10 challenges to innovation in publishing
July 2, 2012 | 8:51 am

Images That's the title of an article by Sophie Rochester in The Literary Platform.  Here's a sampling: ... … While it’s the start-ups who appear to be more agile and bold when it comes to creating innovative digital publishing business models, our established publishers still hold the key to producing some of the best quality content. We’ve listed ten things that we feel create the biggest challenges to publishers when it comes to digital innovation. This Thursday we’ll be holding the second annual FutureBook Innovation Workshop in association with The Literary Platform. Our Innovation Workshop speakers will demonstrate how they are currently dealing with some...

The Dropbox cloud storage service as a disruptive innovation
February 26, 2012 | 5:04 pm

Venture capitalist Bill Gurley’s personal blog, Above the Crowd, has a post pointing out why Dropbox is a “major disruption” (that is, a disruptive innovation—”an innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network (over a few years or decades), displacing an earlier technology” per Wikipedia) in the industry. Prompted by a new feature Dropbox added, to allow Android devices to synch photos automatically, Gurley points out that it’s easy to underestimate the importance of what Dropbox has done. He explains that Dropbox was the first...

Should education publishing try to innovate faster?
February 20, 2012 | 2:15 pm

stack-of-booksOn FutureBook, Shane Rae wonders if the education publishing industry is failing to innovate as it should. He describes the legacy model of education publishing, which involves prototyping, trial, feedback, and development to make sure that what gets published is completely finished before it sees print or CD-ROM, forms of media with a long shelf-life. The problem Rae sees is that this often leads to trying to match competitors’ products rather than better them—creating the thing that users want now, rather than what they might want down the road. Now, in the age of online applications...

Can bookstores welcome the ebook customer?
July 9, 2011 | 1:01 pm

20110709-010717.jpgI'm writing this today from the coffee shop at a Borders, one of the superstore locations in the middle of the U.S. to survive the company's recent bankruptcy and ensuing real estate culling. I was the first person in the store this morning, and in the past half hour nobody else has come in, which seems too bad: here are thousands upon thousands of books, comics, and magazines, and nobody to browse them. John C. Malone, who wants to buy 70% of Barnes & Noble, told the New York Times earlier this week why he thinks bookstores still matter (emphasis mine): "We...