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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While comic books based on video games are easy to find, comics about gaming are few and far between. Here are 10 great examples of comic books about gaming. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-03-22 00:00:00 UTC ]
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Say goodbye to productivity: There’s a seriously addictive game of basketball going on via Facebook messenger, complete with celebratory emojis every time you score. Send a basketball emoji to a friend, or a group. Then click on the emoji to open your game. Boom. It seems simple enough at first.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-03-21 00:00:00 UTC ]
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Virtual reality enthusiasts often say gaming will be the first big use for those odd-looking headsets that project you into imaginary worlds. They got a boost this week when Sony said it will start selling virtual reality goggles that pair with its PlayStation console for $399 -- less than rival... Continue reading at Advertising Age
[ Advertising Age | 2016-03-19 00:00:00 UTC ]
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In the search for new revenue streams, publishers including Vox Media and The Washington Post are hoping to interest other companies in the content management systems they've built in-house.At the South by Southwest Interactive conference in Austin, Tex., Vox Media CEO Jim Bankoff on Saturday... Continue reading at Advertising Age
[ Advertising Age | 2016-03-13 00:00:00 UTC ]
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Dodgers 6, Chicago Cubs 5 Dodgers 8, Seattle 4 (10 innings) AT THE PLATE: The Dodgers beat the Cubs by scoring twice in the bottom of the ninth — on a game-tying walk with the bases loaded, then a walk-off walk. Austin Barnes, the third catcher on a team that might carry only two catchers, hit... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-03-13 00:00:00 UTC ]
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The novelist has called Kamila Shamsie’s campaign for a pledge to publish only female authors in 2018 ‘a ridiculous idea’Lionel Shriver has called her fellow novelist Kamila Shamsie’s suggestion of a year publishing only women “rubbish”.Shamsie made the provocative call last year, citing gender... Continue reading at The Guardian
[ The Guardian | 2016-03-10 00:00:00 UTC ]
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Join PW in calling for an end to the U.S. trade embargo against Cuba on books and education materials. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-03-10 00:00:00 UTC ]
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The Supreme Court in America is not going to take up Apple's appeal of the ebook price fixing ruling, effectively bringing to a close the "one of the most contentious legal dramas in modern publishing history". Continue reading at The Bookseller
[ The Bookseller | 2016-03-09 00:00:00 UTC ]
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Unit sales of print books rose 5% in the week ended Feb. 28, 2016, over the similar week last year, at outlets that report to Nielsen BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-03-04 00:00:00 UTC ]
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Although revenue at Barnes & Noble fell 1.8% in the third quarter, net income increased 11.2%. While delivering its latest earnings report, the retailer also said it is planning to open four new concept stores by April 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-03-03 00:00:00 UTC ]
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Lands' End is finding out that its customer base can be very conservative. On Tuesday, it published an interview with feminist leader Gloria Steinem, which didn't mention her abortion views. Regardless, it flung its pro-life shoppers into a rage, many posting on its Facebook page that they're... Continue reading at Digiday
[ Digiday | 2016-02-26 00:00:00 UTC ]
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In a conference call in December, CEO Ron Boire promised further details of a prototype store. Now more specifics are starting to emerge for a store that bears striking similarities to one just opened by Amazon in November. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-24 00:00:00 UTC ]
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This week sees a flurry of store openings, with new indies cropping up in Washington, D.C., San Francisco, Los Angeles, Chicago, St. Paul, and Prescott Valley, Ariz. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-19 00:00:00 UTC ]
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Egmont is to release two new Minecraft books this year, including the first fiction title in its tie-in roster. Continue reading at The Bookseller
[ The Bookseller | 2016-02-19 00:00:00 UTC ]
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New bookstores are opening within the next two months in Gainesville, Fl., and Chicago. And one hightly curated shop, which displays only ten titles, is thriving north of the border in Toronto, Canada. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-12 00:00:00 UTC ]
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Is it finally the end for NYC’s St. Mark’s Bookshop? Inside the new Prescott, Ariz., bookstore, the Purple Cat. And more details about the new stores coming to Milwaukee and Washington, D.C. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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Opinions were mixed about what Amazon's rumored plans to open more physical bookstores could mean for the publishing industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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General Growth Properties states that its CEO's comment about Amazon bookstore expansion "was not intended to represent Amazon's plans" after widespread speculation about hundreds of new stores sweeps industry. The post Mall Operator Says Comment ‘Not Intended To Represent Amazon’s Plans’... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-02-04 00:00:00 UTC ]
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Snapchat is getting closer to forking over the data that advertisers want, and the stats will be coming in the form of mobile app-install ads. Today, a short video ad promoting SGN's mobile game Cookie Jam is running within iHeartRadio's Discover channel—the app's hub of daily content from... Continue reading at AdWeek
[ AdWeek | 2016-02-04 00:00:00 UTC ]
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The five magazine media company executives who graced the stage at the Grand Hyatt in Midtown Tuesday night all had specific (well, somewhat specific) ideas for how to grow their companies and take advantage of industry-wise disruptions, but only one called for an across-the-board increase in... Continue reading at Advertising Age
[ Advertising Age | 2016-02-03 00:00:00 UTC ]
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