The Digital Decade

Bloomsbury Executive Director Richard Charkin was full of positivity on the opening morning of the Frankfurt Book Fair. Publishing had reacted remarkably quickly to digital, he insisted – academic publishing is now 90% digital, with trade now at around 15% and rising quickly. The problem is that the lessons publishers have learned from digital aren’t being applied to the rest of their businesses: royalties are still being paid on a recommended retail price that nobody actually pays, and there are complexities in the distribution system that would make a rocket scientist blush. Read more on the Frankfurt Book Fair’s blog