Self-publishing ‘largest threat’ to industry

Self-publishing ‘largest threat’ to industry

Publishers should not underestimate the value of physical bookselling as discovery channels for books decline and the options for authors to self-publish increase, a new report into the consumer book market has warned.

The report, by Enders Analysis, warns that though e-book sales have replaced lost revenue from print—making the book sector look “positively stable in a world that has upturned other media sectors”— self-publishing has now emerged as the “largest threat to incumbent publisher businesses”.

The analysis also argues that while Amazon’s dominance in the e-book market is unusual...

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