Subscription services for digital media are here to stay. What are the current business models? How will they disrupt existing sales channels? What are the key issues for book publishers as they wrestle with the opportunities and drawbacks of these new services?
Presented at the 2014 Making Information Pay conference on May 29th in New York City.
4. Introduction
Focus on:
Consumer fiction & non-fiction
Scholarly monographs
Professional & technical reference
Higher Ed textbooks
5. Introduction
Extensive research
Broad review of current models for digital media
50+ interviews with industry stakeholders
Survey of BISG and PCG members
Ongoing coverage in the press
24. Dominant Subscription Models
Selection
Who chooses?
How important is the breadth and depth of the
collection?
Purchase
Is the money spent by the reader or someone else?
Is there competition from lower-priced alternatives?
Use:
Does the reader need whole works, or just parts?
Is it important to “own” the digital works or have long
term access?
29. Consumer Publishers
Amazon Prime/KOLL, Audible have been with us
for a long time
Some publishers already in the game
All publishers know they must reach digital
readers who subscribe to other forms of digital
media
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31. Scholarly Presses
Slower adoption of ebooks
Bigger players already selling direct access to
collections
Established and newer aggregators are offering
more choices to librarians
33. Professional Publishers
Early migration of database reference titles
Many have tradition of DTC marketing
How to meet the changing needs of information
workers?
35. Higher Ed Textbooks
Student preferences for print over digital are at a
tipping point
Rentals (digital & print) are a major part of the
business today
For many product lines, publishers see
Integrated Learning Systems as the future of
their business