OUP terminates US jobs, but no, AI was not to blame, so no-one will be shedding tears. Business is business!
AI not to blame? Hence the deafening silence from the industry sidelines.
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Category: Academic and specialist publishing
While trade publishers are scared to get off the AI fence, Wiley seeks more lucrative deals. Trade CEOs, wake up and smell the coffee!
With more access to trade content for training, LLMs can become more efficient in the trade sectors where it currently lags behind, opening up new revenue streams and potentially new and transformative concepts yet to be explored.
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Macmillan Education launches AI tool for teachers
But unless teachers understand prompting they are likely to not get the best from AI and offer negative feedback, so this could backfire spectacularly. I’d like to know more about how teachers are going to be trained to use AI effectively.
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69% of Oxford University Press (OUP) revenues come from digital
Memo to Markus Dohle: that’s ever so slightly more than 20%. The OUP annual report and among...
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More phones than people
April 3 marked the 50th anniversary of a momentous phone call. “On April 3, 1973, Motorola...
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Superman comic sells for record $3.4 million
But the record will probably fall next week. And it’s not “the” record. ICV2...
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Edinburgh University Press – 68% profit in 2021 driven by “tremendous growth” (49%) in ebook sales
We were well-placed to respond to (lockdown), making all our books simultaneously available in...
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2030 audio market projection hits $50 billion as Podimo brings in $78 million in fresh funding
The latest forecast, from Denmark-based podcasting platform Podimo, projects a 2030 audio market...
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Spotify’s paid podcast subscription service expands to 34 markets. Will authors and publishers rise to the opportunity?
But for podcasts, where traditionally there has been no royalties, just promotional payback, it’s...
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Pearson+ subscription app “brings e-books in line with how students buy and experience the rest of their content”. Most other publishers look away
But as the subscription screws tighten, so publishers will have to rethink their resistance to...
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Big Bad Wolf tops 3 million online buyers. Second Thailand sale prepped. A watershed moment for global publishing redux
Big Bad Wolf hesitantly ventured online in Indonesia on Tokopedia as the pandemic struck. It then...
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OverDrive hits 366 million digital downloads in first 11 months of 2020, already exceeding the 2019 total by 40 million. So much for screen fatigue and Netflix killing off digital books
As we all know ebooks are yesterday’s format thanks to screen fatigue and Netflix, and audiobook...
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