Mind Dump

You don't have the power

Consider this quote from a high-ranking book publisher who should know better, "We must do everything in our power to uphold the value of our content against the downward pressures exerted by the marketplace and the perception that 'digital' means 'cheap.' ..."

Hello?

You don't have the power. Maybe if every person who has ever published a book or is ever considering publishing a book got together and made a pact, then they'd have enough power to fight the market. But solo? Exhort all you want, it's not going to do anything but make you hoarse.

Movie execs thought they had the power to fight TV. Record execs thought they had the power to fight iTunes. Magazine execs thought they had the power to fight the web. Newspaper execs thought they had the power to fight Craigslist.

Here's a way to think about it, inspired by Merlin Mann: Imagine that next year your company is going to make 10 million dollars instead of a hundred million dollars in profit. What would you do knowing that your profits were going to be far less than they are today? Because that's exactly what the upstart with nothing to lose is going to do. Ten million in profit is a lot to someone starting with zero and trying to gain share. They don't care that you made a hundred million last year from the old model.

Will P-12 public education be immune from these outside forces? I'm guessing no...

2 comments

Dec 19, 2009
olafelch said...
These are excellent points. I'm dealing with a major publisher who recognises that school materials will be largely digitally delivered in the future. The only problem is that his directors seem to think they need to be ready for this change in 10 - 15 years. Therefore there's no rush for a pilot scheme.

This is real "old world" thinking, completely out of sync with reality.

Dec 29, 2009
Norman Rogers said...
Free Kindles for every student, and more broadband in rural areas. It's an online world, and we need to get moving.

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