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Strategies for a discontinuous future.












Tuesday, December 21, 2004
 


Publishing 2.0

"Two of the book industry's giants, frustrated by two years of little to no growth, appear to be taking their frustrations out on each other.

...Last week, Peter W. Olson, the chief executive of Random House Inc., the nation's largest publisher, disclosed the company's tentative plans to sell books directly to consumers through its own Web site. On Friday, Stephen Riggio, the chief executive of Barnes & Noble Inc., the country's largest bookseller, said that he was "deeply concerned" by Random House's plans to enter into his business, raising the possibility of a growing rift between the publishing companies."

Link. It's interesting that the industry is beginning to cannibalize itself, and radical innovaters still aren't entering the market...a huge market space just waiting to be revolutionized, as discussed last week.

-- umair // 1:19 PM //


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