BY C. DAVID GAMMEL, CAE
Technology and the economy are
combining to create dramatic
change in the publishing industry.
Dozens of newspapers have ceased publishing, cut back on issues per week,
declared bankruptcy or moved to
The former reporting staff of the
defunct Rocky Times in Denver has
launched a new online news site of their
own with a planned subscription model.
The Wall Street Journal reported that a
national bookseller’s net profits were
down by 30 percent in the fourth quarter of last year.
Amazon recently launched the second
version of its e-book reader, Kindle.
Some analysts have predicted that the
Kindle will sell $1 billion of electronic
books by 2010. Amazon also released a
free version of the Kindle software for
The open -access movement constantly
pushes for freely available scholarly
content online, while publishers’ subscription income is under strong pressure from institutions and others
slashing their budgets.