Global Disruption of the Legacy Print Publishing Sector
According to the findings of several related market studies, the next big global disruption will occur in the traditional publishing sector. In the same way that the music recording industry lost control of their marketplace, the large legacy print media companies are equally vulnerable.
As an example, according to the latest market study by eMarketer, they predict that sales of ebooks and the devices on which people read them — i.e. ereaders, tablets and smartphones — are on a steady upward trajectory.
Much of the new digital publication revenue growth could come at the expense of print publications.