Best of VOC: Why Golden Oldies Are Hot Investments
While the music industry experienced financial carnage in the first decade of digital disruption, streaming has restored the business to growth by playing your favorite song.
While the music industry experienced financial carnage in the first decade of digital disruption, streaming has restored the business to growth by playing your favorite song.
In the midst of political and social upheaval, where do you turn to gain understanding and to foster empathy? For many Americans, the answers are found in books; reading is a gateway to move beyond misinformation, habits and prejudices.
The surprises from COVID-19 aren’t always unwelcome ones. The arrival of effective vaccines is one such miracle. The good health of the publishing industry is yet another – at least for now.
Forget what you learned about the origin of printing. Movable type using Chinese porcelain pegs was invented by Bi Sheng in 1040, four centuries before Gutenberg and his press. And where there is printing, there is copyright, too. So, yes, you can also forget that other myth, the one that says China and copyright are incompatible.
Estimates vary, but at least 3 million Iranians have emigrated since 1979. The United States has the largest such community, centered in Los Angeles, and fancifully called Tehrangeles. Many other Iranians and their families live in Turkey, Germany, Canada, and the United Kingdom.
As part of the upcoming STM Spring Conference, the STM Association will release a white paper, “Best Practice Principles for Ethical, Trustworthy and Human-centric AI.”
While the music industry experienced financial carnage in the first decade of digital disruption, streaming has restored the business to growth by playing your favorite song.
“Over the last two decades of digital disruption and global economic meltdowns, the most important things to make for a good sales year [for the book business] were consumers with disposable income and a reasonable level of confidence in the economy,” says PW’s Andrew Albanese.
In Germany, a boom in book sales for the first half of December was followed by a stringent lockdown that crushed the holiday market.
A ranking of top players in publishing isn’t only a numbers game. Assessing the current state of the market in the middle of a pandemic and in the throes of digital transformation requires complex calculations far beyond spreadsheets.