MIT Press Will Focus More on E-Books; University Presses See Ten Percent Drop in Book Sales

April 3, 2009 at 2:55 pm | Posted in E-Books, Monographs | Comments Off on MIT Press Will Focus More on E-Books; University Presses See Ten Percent Drop in Book Sales

As the transition from print publication to digital publication of scholarly work becomes more prevalent, university presses are being forced to adapt their business plans to appeal to the new electronic demand.
A recent survey published by the American Association of University Presses estimates an average 10 percent loss in sales and revenue between July and December 2008.

As a result of declining earnings, university presses are also starting to take different approaches to their business models. For instance, Yale University Press plans to cut back on printing and focus more on their new e-book program.

In today’s soft economy, the e-book system has acted as a way out of financial shortcomings

The University of Michigan Press, however, has reacted differently by reestablishing itself as a sub-organization of the university’s library. In effect, the press will receive funding as an academic department, lessening the pressure to follow a profitable business model.

(Via The Tech – MIT’s Student Newspaper.)

Advertisements

Blog at WordPress.com.
Entries and comments feeds.

%d bloggers like this: