BIBF: Dohle warns on impact of subscription model

BIBF: Dohle warns on impact of subscription model

Heavy readers switching to use e-book subscription services would have a "huge impact" on the revenue of book publishers, global c.e.o of Penguin Random House, Markus Dohle, has warned.

Speaking at the Global Top 50 Publishing Summit at Beijing International Book Fair in China yesterday (24th August), Dohle explained that PRH had not signed its titles up for any subscription services, such as Amazon’s Kindle Unlimited, Mofibo or Scribd, because the ‘all you can eat’ models threaten to “devalue” intellectual property (IP) at a time when most authors can barely afford to earn a living.

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