The Future Of Publishing Blog by Thad McIlroy

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July 26th, 2023

Improved Productivity is the Reason Publishers Must Adopt AI

Yesterday Lagardère Publishing released its six-month financial data. Sales declined at Hachette Book Group by 8.6%. In its earnings release the company said that “operational efficiency plans, particularly in the United States,” mitigated some of the impact of revenue declines. In May, HarperCollins reported flat sales and profits declines, “driven by ongoing supply chain, inventory…

January 5th, 2021

COVID-19 and Book Publishing: Impacts and Insights for 2021

When COVID-19 hit in early 2020, the press coverage was overwhelming. The trusted book publishing media, including Publishers Weekly, Publishing Perspectives, Publishers Lunch, The Bookseller in the U.K. and Quill & Quire in Canada, each did a fine job of monitoring developments within publishing and bookselling. Then, early in the pandemic, Amazon prioritized what it…

May 30th, 2017

How Book Publishing Aced the Digital Transformation

…with good luck, not with a solid strategy. So writes Sam Missingham in an astute article published yesterday, called “Print sales might be rallying, but don’t get complacent.” It should to be read by the management of every traditional publishing company.