First and foremost, I have no clue what regulators will say about the purchase. This is not my turf. But I have a couple of observations on the underlying stories in the move of German Bertelsmann group, parent of Penguin Random House, picking up the 1924 founded book publishing jewel, Simon and Schuster, for $2.175 […]
Post-pandemic strategies? Fix the supply chain of books!
November 24, 2020 by ruediger
Two seemingly separate pieces of news came in this morning: The International Pulishers Association released a surveyÂ on “Covid-19’s impact on global publishing“, based on a broad roundcall among their members worldwide. And perhaps surprisingly to many observers, the first challenge that the IPA study adressed was NOT bookshop closures due to lockdown – but an […]
Music or books? Both! Spotify goes audiobooks
November 13, 2020 by ruediger
Things tend to change quickly these days. In August, publishers across Sweden had a new, transformative customer knocking at their doors – Amazon. The only surprise was, why that had happened not much earlier. For many years, Amazon had been expected to go into the Swedish online retail market with a dedicated Swedish website, which […]
A digital transformation in fast forward! How Covid-19 and resulting shifts in book consumption re-shaped book audiences in Brazil and in Germany in surprisingly similar ways.
November 11, 2020 by ruediger
When around 60% of Brazilians found themselves trapped in isolation for well over a month in March and April of 2020, the result was a significant and lasting raise in digital book consumption, which was especially strong for specific genre categories like fiction, nonfiction (which included educational) as well as children and young adult reading. […]