ANALYSIS - Book trade can avoid music labels' mistakes


FRANKFURT (Reuters) - Book publishers are better equipped to ride the digital revolution than the music industry was a decade ago, using options for selling and enhancing their products that their counterparts at record labels lacked.

The book trade is on the brink of a sharp increase in demand for electronic books, driven by devices like Amazon's Kindle and online distribution from Google -- and it dreads following the music industry into years of decline.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Indigenous people protest Brazil not protecting ancestral lands
Algeria hosts 23rd "Chinese Bridge" language competition for university students
Trump's three US Supreme Court appointees thrash out immunity claim
Alphabet reports revenues, net income jump in first quarter
Weekly storage of natural gas in U.S. increases: EIA
Intel reports revenue increase in first quarter
Microsoft reports Q3 results with net income, revenue increases
Finland's finance ministry downgrades growth forecast for 2024
Multiple people killed in car crash in U.S. Pleasanton
U.S. stocks close lower

Others Also Read