The Future of Publishing

The Future of Publishing Renee Hobbs Professor and Founding Director Harrington School ofCommunication and MediaUniversity of Rhode Island 1

www.mediaeducationlab.com 2

About the Harrington School of Communication and MediaThe Harrington School of Communication and Media prepares graduates whoare effective thinkers, creators and collaborators, well-prepared forcitizenship, careers, and life in a rapidly changing global economy. MISSION Working together, we use the power of information and communication to make a difference in the world. 1 2 3 Build Increase the Interdisciplinary Make Real-World Flexibility and Clusters to Learning Reach of the Advance an Integral Part of Program Research & the School Teaching 4

45% of magazinereaders spend 1 – 3hours per week readingmagazines on theirmobile devices 6

Tablet saleshave gone up by400% in the past year 7

Users spend an average of 14 hours per weekwith their tablets 8

Public libraries spend more than $1.3 billionannually on their collections of print, audio, video, and electronic materials. 10

E-E-Book Licensing to Libraries Author Publisher Distributor Library Patron 11

E-E-Book Licensing to Libraries Author Publisher Distributor Perpetual Access Subscription Pay-per-View Library Patron 12

The Future of Publishing CANNIBALIZATION. Publishers fear that e-books that are available in a public library at no extra cost to patrons will compete directly with e-books sold through retailers. 14

The Future of Publishing RISKS TO THE FRONT LIST. 80% of library borrowing is focused on 20% of the library’s overall collection. 15

PATRON DEMAND.There are not enoughdigital versions ofbest-selling books atmany libraries,leading to lengthywait times forborrowers. 16

The Future of Publishing COMPETITIVE ALTERNATIVES TO THE LIBRARY. Amazon Prime Members are permitted to read one book per month from Lending Library, which contains more than 66,000 titles, including 100 current and former New York Times Bestsellers. 17

The Future of Publishing FRICTION IN LENDING ARRANGEMENTS. What is the proper level of restrictions imposed on access and use? 18

What Readers Really WantSearch and browse asingle comprehensivecatalog with all of alibrary’s offerings.Seamlessly enjoy avariety of e-content.Download e-books thatare compatible with alle-reading devices. 19

Renee HobbsProfessor and FoundingDirectorHarrington School ofCommunication and MediaUniversity of Rhode IslandKingston RIEmail: hobbs@uri.eduTwitter: reneehobbshttp://mediaeducationlab.comhttp://www.uri.edu 22

The Future of Publishing

by Renee Hobbs on Oct 13, 2012

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