Encyclopaedia Britannica, the 244-year-old company, recently announced it would stop printing encyclopedias. Of course this triggered a flurry of talk about the end of printed books, magazines, and newspapers and a once-great company humbled by shifts in technology. But to fall into that narrative is to miss the greatest lesson of the story. Innovating, creating something new, playing the beginning of the game is the easy part. Britannica offers us invaluable insight into the much harder half of the innovation process: how to play the end game.You see, every game--chess, tennis, business--has an end. Every business will eventually die. We cannot escape this inevitability. Yet we hold on to the fantasy that somehow OUR company will be different, that our company is “built to last.” The key to long life in business is knowing how to play the end game so that you can position yourself to play the next game. Britannica seems to be doing that well.The Wi-Fi PatternTo understand what is going on here, think about Wi-Fi (wireless Internet) service. Ten years ago when you walked into a Starbucks you had to pay for Wi-Fi access. Now you get it for free. If something doesn’t cost anything to provide, eventually someone will give it away for free. Or as an economist would say, over the long run, the market price of any competitive product or service reaches its margin cost.Wikipedia has proven that there are lots of smart people out there who are willing to write content for free.... Continue reading at 'Fast Company'
[ Fast Company | 2012-03-20 00:00:00 UTC ]
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Ben Tarnoff believes that on the web, the profit motive and the public good are inherently at odds. Continue reading at The Washington Post
[ The Washington Post | 2022-06-24 12:00:51 UTC ]
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After 50 years, the prize has been scrapped. How did it change Britain’s literary landscape? And what happened at the awards when Margaret Drabble was seated next to Theresa May?Margaret Drabble was a bright young star with five novels to her name in 1971, when she was talked into joining her... Continue reading at The Guardian
[ The Guardian | 2022-06-23 05:00:38 UTC ]
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Ubisoft released its long-delayed sports game Roller Champions last month on PC, PlayStation and Xbox, and Nintendo Switch players are about to join the fray. A UK eShop listing spotted by Nintendo Life first indicated the free-to-play title will be released on the hybrid console on June 21st.... Continue reading at Engadget
[ Engadget | 2022-06-20 17:10:28 UTC ]
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Amazon Prime Day is back for 2022. Despite its beginnings as a shopping “holiday” no one asked for, it’s grown to mammoth proportions—Amazon Prime members can expect a flood of discounts when the deals start dropping at midnight PT on Tuesday, July 12 and run through Wednesday, July... Continue reading at PC World
[ PC World | 2022-06-16 19:27:37 UTC ]
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In a surprise announcement June 10, Costa Coffee announced it was immediately ending its support for the second most prestigious book award—after the Booker—in the U.K. and Ireland. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-13 04:00:00 UTC ]
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Today, actress, producer and Web3 innovator, Mila Kunis and media entrepreneur and superhero creator, Sharad Devarajan announce the launch of a multi-platform global entertainment universe, Armored Kingdom Media, Inc. Co-founded by technologist Lindsey McInerney and producer and actress Lisa... Continue reading at AdWeek
[ AdWeek | 2022-06-10 15:35:00 UTC ]
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Genuinely classic and canonical short stories with twist endings are hard to find. For the ‘twist’ to be a true surprise, it needs to appear to come out of nowhere while also being completely credible, so we as readers don’t feel cheated. It should also be a twist in the […] Continue reading at Interesting Literature
[ Interesting Literature | 2022-06-10 14:00:35 UTC ]
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Extremely long wait times being experienced by arriving and departing passengers at Toronto Pearson Airport are likely to continue until Labour Day, a former Air Canada executive said Wednesday. Continue reading at CBC
[ CBC | 2022-06-08 17:55:58 UTC ]
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'We remain committed to our customers in China," an Amazon spokesperson says, although Kindle sales will end June 30, 2023. The post Aspects of Amazon’s Plan to Take the Kindle Off the Chinese Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-02 19:53:43 UTC ]
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Not satisfied with trying to replace “WiFi” with “l’access sans fil à internet” (which didn’t work), l'Académie française set its sights on gaming terms in 2017. It’s now gained traction with the government, and France’s Ministry of Culture has announced it’ll ban terms including "streamer" and... Continue reading at Engadget
[ Engadget | 2022-06-01 11:15:19 UTC ]
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More than a month after revealing the revamped version of PlayStation Plus, Sony has shared the initial lineup of games heading to its new service, covering everything from original PlayStation classics and PlayStation Portable titles to modern hits. The new PlayStation Plus has three tiers,... Continue reading at Engadget
[ Engadget | 2022-05-19 18:45:16 UTC ]
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With all categories except adult fiction posting declines, unit sales of print books fell 6.1% in the week ended Apr. 30, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-06 04:00:00 UTC ]
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AMD said Tuesday afternoon that it has made a change to its mobile CPU roadmap, adding an “extreme gaming laptop CPU” for 2023, code-named “Dragon Range.” AMD made the announcement at a small press conference following the release of its second-quarter 2022 earnings, which showed a reported... Continue reading at PC World
[ PC World | 2022-05-03 23:19:22 UTC ]
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In early April, the 78-year-old French news publisher Le Monde announced the launch of its first-ever English-language product, a key component of its ambitious plan to reach 1 million total digital subscribers by 2025. The publisher recently surpassed 450,000 digital subscribers, but its goal... Continue reading at AdWeek
[ AdWeek | 2022-05-02 12:45:49 UTC ]
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Amazon is bringing two mobile games to its subscription-based entertainment platform for children. Known as Amazon Kids+, the $2.99 per month service has served as sort of a one-stop shop for kid-friendly books, TV shows, movies, games and more. The first game, Super Spy Ryan is a multiplayer... Continue reading at Engadget
[ Engadget | 2022-04-14 13:00:13 UTC ]
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News Corp Australasia executive chairman issues all-staff memo, with scrutiny on election coverage likely to increaseGet our free news app; get our morning email briefingFollow our Australia news live blog for the latest updatesRupert Murdoch’s Australian lieutenant has told News Corp... Continue reading at The Guardian
[ The Guardian | 2022-04-13 07:57:04 UTC ]
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Nearly three years after it first announced a 90-day embargo to libraries on its newly published audio titles, Blackstone Publishing this week announced that it is changing course. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-12 04:00:00 UTC ]
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Sales of print books dipped 8.9% in the first quarter of 2022, putting an end to a long sales surge. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-08 04:00:00 UTC ]
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The decision in New York City set off a wave of returns, accompanied by bashful notes of apology and gratitude. Continue reading at The New York Times
[ The New York Times | 2022-03-31 14:46:31 UTC ]
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Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer Continue reading at ABC News
[ ABC News | 2022-03-29 21:47:16 UTC ]
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