Interesting article on the shift of paradigm within the publishing industry. where ebooks are no longer perceived as a threat but an opportunity (or may be I should say less perceived as a threat).
Peason and Bloomsbury reported that their ebook revenue increased by 186% and by more than 18 fold. In fact Bloomsbury had undergone a recent re-org in response to the ebook growth.
I am wondering, if this is a clear indication of the publishing industry embracing the digital world in fear of extinction? (specially with Amazon’s self publishing services). In that case is it truly perceived less as a threat and more as an opportunity? Interesting article.