The future of publishing June 2010

the future of publishing

NOBODY CAN PREDICT THE FUTURE

THE END

NOT REALLY…

BUT PREDICTING THE FUTURE IS TRICKY…

“With over 50 foreign cars already on sale here, the Japanese auto industry isn’t likely to carve out a big slice of the U.S. market.” - Business Week, 1958

“This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.” - Western Union, internal memo, 1876

“Theoretically, television may be feasible, but I consider it an impossibility – a development which we should waste little time dreaming about.” - Lee de Forest, inventor of the cathode ray tube, 1926

there are 710,000 results to choose from

…here’s 10

1. people will pay for what they value - but not for things they are forced to pay for

2. winning publishers will be ﬂexible and agile, embracing emerging platforms

…and methodology of distribution will be more vital than presentation of destination

3. open, de-centralised publishers will win

…closed, silo’d publishers will lose

4. the deﬁnition of 'print' will change

…just as the process of watching TV, listening to radio and reading news is changing has changed

5. citizen journalism will fundamentally aﬀect the publishing industry

6. harnessing the wisdom of the crowds will be proven as a competitive advantage

7. multiple business models will exist, with no single ‘solution’ winning

…crossing over industry types to aggregate revenue streams

8. consumption will be markedly diﬀerent between alternative machines and screens

…people won't be forced into unsuitable experiences

9. diﬀerentiation of publisher oﬀering will be from lateral innovation rather than solely improving content

10. the ease of discovering, sharing and purchasing will determine success as much as the content itself

jonathan macdonald me@jonathanmacdonald.com jonathanmacdonald.com linkedin.com/in/jonathanmacdonald @jmacdonald thank you

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The future of publishing June 2010

by Martin Wilson on Jun 02, 2010

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The future of publishing June 2010 — Presentation Transcript