Ed Greenwood, best known as the bearded creator of the Forgotten Realms universe for Dungeons and Dragons, is launching an unconventional publishing group of his own, called The Ed Greenwood Group (TEGG).
Late last month Teleread introduced us to BookDrop, a nifty tool that let you automatically convert ebooks in your Dropbox account and send them to your Kindle account simply by putting the files in a certain folder.
The book trade has now entered a very important phase in its transition to digital.
There are four critical factors.
One, the consumer is spending more and more time on mobile devices, and only a very small amount of that time is devoted to reading. Books are competing directly with a wide variety of entertainment and information options as never before.Two, service providers have content solutions that used to be solved by books. Wikipedia is the obvious example, but a range of more specific content solutions, such as recipe sites, are increasingly affecting the book sector. The dreaded unbundling is happening, to some extent.Three, the presence and role of Amazon are growing. It has a far greater share of the ebook marketplace than that of the physical book marketplace, creating a number of risks for the industry as a whole.And four, the role of specialist high street bookshops – chains and independents – remains critical for the health of the industry, because as Nielsen data demonstrates, they continue to drive discovery and impulse buying in books. The specialist book market remains fragile, even if some recent data suggests marginal market share gains from supermarkets. Publishers cannot do enough to support high street range bookselling, or to help differentiate their position in the market.
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