With the core business model of book publishing under threat in the digital era, publishers must seek different ways to employ their skills and resources to make money. They are diversifying, acquiring and building new branches of their business. They are expanding more broadly into other media and digital content. And they are becoming increasingly customer-centric.
At the recent BookExpo America, a trio of CEOs discussed how they are experimenting with new products and services as well as with new ways of monetizing their expertise as well as their content. Speaking with moderator Chris Kenneally of Copyright Clearance Center were F+W Media‘s David Nussbaum; Sourcebooks founder Dominique Raccah; and Safari Books Online‘s Andrew Savikas.