Meredith Corp., A media and marketing company, reported $365 million in fiscal fourth-quarter revenues, a 5.6% year-over-year increase. Total FY 2010 revenue decreased 1.5% to 1.39billion, year over year. The company also reported $33.4 million in earnings for Q4 2010, an improvement from last year’s net loss of $163.7 million loss. For fiscal 2010. ended 6/30, the company saw net earnings of nearly $104 million. A year earlier it reported a loss of $107.1 million. Source : Direct Marketing news
ARCHIVE PHOTOGRAPHY AT WORK -- LIFE magazine may have folded three years ago, but its parent company, TIME Inc., has continued to crank out photo books and themed issues using its photo archive as material. And now a LIFE Publications are available to the public via the latest publishing technology: the iPad. SOURCE: Holly Hughes; PDNews. http://pdnedu.blogs.com/pdn_pulse/2010/08/life-archive-launches-ipad-version-of-photo-book.html TAKEAWAY: Book publishing is not going to go away. It will just drop the ol’ hard cover method of reaching the public and find a new, economical production method.
OLD FAITHFUL -- US Congress still a loyal customer of the print - With the launch of the iPad, the internet, social media, mobile applications ... who is still reading the newspaper? Congress has not forgone the print and still remains a loyal customer of the paper version. In total, Congress spends roughly 1.2 million dollars a month on news and research. http://www.editorsweblog.org/newspaper/2010/07/us_congress_still_a_loyal_customer_of_th.php
MAKE A BOOK. Make a difference. - Whatever you do to make the world a better place, a book can spread your message and support your cause. Joining “Blurb for Good”enables you to set the price for your book and keep 100% of the profit for your cause. http://www.blurb.com/blurbforgood/
HOT SELLER -- What Makes A Photo Book A Bestseller? From PDN. For some insight into the commercial photography book market, PhotoDistrictNews recently obtained data from Nielsen Bookscan, which tracks retail book sales, to see which new titles are among the bestselling photography books this year. http://bit.ly/7XJizK
NEW GENERATION READING -- Will less photos be published in the future if book sales are dropping? No, in fact book sales will begin to increase as soon as the reading public adopt “electronic books”. Get ready to see photos saleS increase in the publishing world.
A little device called the Amazon Kindle has started to rocket up the sales charts. Similar book reading devices, like the Sony Reader, are emerging at the same time. It has dawned on Google’s competitors.... librarians and governments in Europe and Asia afraid of American cultural hegemony that Google was doing more than just organizing all the world’s information. It was also creating a vast pool of Google-controlled content for the new generation of electronic book readers.
This pleased Google allies like Sony. But competitors like Microsoft, Yahoo and Amazon didn’t like the way things were going. Their anger only intensified late last year when Google Books gained fresh momentum by announcing a settlement of outstanding copyright issues on book scanning with the Association of American Publishers and the Authors’ Guild of America.
SOURCE: Sean Prpick, CBC News, PHOTO: (Matt Cardy/Getty Images) http://www.cbc.ca/arts/books/story/2009/11/17/f-google-books-project-analysis.html
Old- and new-school reading at a book festival in Hay-on-Wye, England. The woman on the right is using the Sony Reader.
KEEP TO THE THEME – Creative Ideas for Photography Books - Photography books that fill your Amazon wish list might all contain wonderful images but they also tend to follow a format. The photos focus on a theme, have short passages of text, and each photo both stands alone and contributes to an overall impression of the book's subject. When you're looking to create your own photo book, those bestsellers provide good models to follow. Other books that are strong on photography reveal a number of different ways of publishing your images. http://blogs.photopreneur.com/creative-ideas-for-photography-books
TAKEAWAY: A side benefit for a self-published photo book is that they can be sent to potential clients as a promotional tool. They can also be sent to existing photo editors as a 'catalog.'
LEFT OUT – Photographers won’t be getting a piece of the Google Books settlement. However, photography organizations are planning their own suit. A federal judge has denied a motion filed on behalf of photographers and graphic artists seeking to intervene in the Google Books settlement, a long-running legal negotiation to compensate copyright holders when their work is reproduced through Google's book scanning project. SOURCE: PHOTO DISTRICT NEWS. http://www.pdnonline.com/pdn/content_display/photo-news/legal-news/e3i5262a3b026dcf171476a649828a53ad3
RARE ARTIFACTS: LIBRARY BOOKS. -- School chooses Kindle; are libraries for the history 'books'? "...I'd come in here during a free period, there'd be no one in here," says junior Caitlin Forest.
So the venerable boarding school west of Boston last summer undertook getting rid of most of the library's books. In their place: a fully digital collection. After reading about the plan last month in the Boston Globe, bloggers and commenters worldwide have called headmaster Jim Tracy a snob, a spendthrift and a book burner and even compared him to Adolf Hitler. SOURCE: GREG TOPPO, USA TODAY. http://www.usatoday.com/news/education/2009-10-26-kindle-school-library_N.htm
SELF DONE -- On demand book publishing. The Espresso Book Machine Version 2.0 was created by Jeff Marsh 10 years ago, and installed at Village Books in Fairhaven on Oct. 5. Photo by Lindsey Otta
Going to the local bookstore to find a favorite book just got much easier for Bellingham residents with the addition of a revolutionary print-on-demand machine to Village Books in downtown Fairhaven. It is the first of its kind to be installed on the West Coast. SOURCE Keegan Prosser http://westernfrontonline.net/2009101311403/arts-life/on-demand-book-printing-debuts-at-village-books/
GREAT PHOTOS -- Leaping Armadillos And Atomic Bombs: National Geographic's Greatest Hits As far as photo editing goes, this was a serious challenge. National Geographic just released a new book featuring 500 pages of their best
photography, http://www.npr.org/blogs/pictureshow/2009/10/image_collection.html
PHOTO BOOK CONTEST – Blurb(R), the creative publishing platform that enables anyone to design, publish, market and sell professional-quality books, seeks entries for the first-ever Best Blurb Books Contest. Photo books can be entered at http://www.blurb.com/photo-book-contest in one of three categories - family, pets, or travel - for a shot at one of three $3,000 grand prizes or one of three $1,000 runner-up prizes. http://bit.ly/snvD8
PUBLISH A PHOTO BOOK -- Thanks to quick-print digital publishing, do-it-yourself publishers have been around the last decade. But most have a large minimum number of orders. Today, a crop of publishers let creative people inexpensively design and create a single book online for their personal use. The cost is minimal. http://online.wsj.com/article/SB10001424052970203674704574332541537816128.html TAKEAWAY: Your book could also serve as a catalog. Send it to your preferred customer photobuyers for their desktop reference.
YOUR OWN PHOTO BOOK -- Tips for creating an amazing photo book in today's digital era. It's easy to design and publish your own photography book at an affordable price. In fact, Americans will produce 17 million photo books in 2009. http://www.carteretnewstimes.com/articles/2009/07/31/ara/bridal/8882.txt
ETHNIC EMPHASIS. California Stock Photography Company Specializes in Ethnic and Minority Pictures. With the current economic landscape affecting nearly every aspect of the stock photography world---and forcing some companies into total bankruptcy---there are still independent businesses staying afloat, and even implementing improvements during the worldwide monetary crisis. PhotoEdit Inc. is one such company. A leader in ethnic, minority, and educational imagery since the 1980's, PhotoEdit continually strives to offer the best photos to its clients, portraying people from all walks of life. You can find PhotoEdit's images in almost any textbook. http://www.pr.com/press-release/122516
BELT-TIGHTENING Publishers Hurting, Hundreds of Layoffs Likely - Houghton Mifflin Harcourt, one of the largest publishers of textbooks and a big buyer of stock photography, announced a streamlining of its educational division and is laying off employees. http://www.pdnpulse.com/2008/12/book-publishers-hurting-hundreds-of-layoffs-likely.html TAKEAWAY: Like the auto industry, book publishing will have to adjust to the new times. Like cars, books will always be needed, but at a price consumers can afford.
A GIANT IS IN BANKRUPTCY -- In perhaps the starkest sign yet of trouble in the news business, media giant Tribune Co. -- owner of the Los Angeles Times, KTLA-TV Channel 5 and other newspapers and TV stations -- filed Monday for bankruptcy protection from creditors. Tribune's woes stem from a combination of plunging advertising revenue and a heavy debt load of $12.9 billion, much of it incurred a year ago when it was taken private by Chicago real estate entrepreneur Sam Zell. http://www.latimes.com/business/la-fi-tribune9-2008dec09,0,5273854.story TAKEAWAY: As in other past recessions, media wishing to cut budgets will cut staff and rely on freelancers for their text and stock photos.
COSTLY READING. The Rising Textbook Prices -- All around the country, college bookstore professionals recently began doing double-takes as they unpacked book shipments for fall term. While incremental price increases are always expected over time, on some titles, prices had leapt 10% in just a year, twice the Bureau of Labor Statistics’ 5% Consumer Price Index for June (up from 2.7% in June 2007). Other titles had soared 30% and even 40% since this time last year. Staffers are wondering how to explain these increases to faculty, students, parents, and campus and local media. College stores and the textbook industry in general have already been taking a beating in news media across the country over textbook prices.
“We have one class that has been using the same edition for a few years and the book is all over the Internet for less than five bucks. The book costs students about $25 through the bookstore, which is way lower than the $180 price tag of the latest edition,” a faculty member said. http://www.nacs.org/news/080808-prices.asp?id=cm
DIGITS VS PAPER. -- Flat World Knowledge, a publisher of free and open college textbooks, today announced it will soon begin the nation's larges t in-classroom test of open college textbooks. Flat World Knowledge's free and open textbooks will replace traditional textbooks in a single class or class section at each participating institution. The crisis of high textbook prices was the subject of a 2007 report from the Student Public Interest Research Groups. TAKEAWAY: College textbooks, which routinely run students over $900 per year, could make higher education unaffordable for many students. http://www.mediabistro.com/galleycat/web_tech/flat_world_knowledge_challenges_textbook_industry_89187.asp