{"id":262066,"date":"2008-05-12T16:01:23","date_gmt":"2008-05-12T16:01:23","guid":{"rendered":"http:\/\/www.wdev.rochester.edu\/College\/translation\/threepercent-dev\/2008\/05\/12\/more-shatzkin\/"},"modified":"2018-04-16T17:32:12","modified_gmt":"2018-04-16T17:32:12","slug":"more-shatzkin","status":"publish","type":"post","link":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/2008\/05\/12\/more-shatzkin\/","title":{"rendered":"More Shatzkin"},"content":{"rendered":"<p>Ironically, I just got today&#8217;s <i>PW Daily<\/i> and the lead story is about the fourth annual Book Industry Study Group\u2019s &#8220;Making Information Pay&#8221; conference that took place last Friday, at which Michael Shatzkin (author of the article I just wrote about) and Michael Healy, executive director of <span class=\"caps\">BISG<\/span>, talked about the results of a <span class=\"caps\">BISG<\/span> survey on the &#8220;state of experimentation and innovation&#8221; in the publishing industry. <\/p>\n<p>Not a lot of details online about the actual survey, except what&#8217;s in Jim Milliot&#8217;s write-up:<\/p>\n<blockquote>\n<p> Approximately two-thirds of trade publishing respondents said they believe experimentation is crucial to the future success of the industry, while more than 75% of educational and professional publishers believed innovation is critical to the future. Just over 81% of trade publishers said experiments have led to changes in their normal work practices, while 87% of nontrade publishers reported changes.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The most common experiments involve the Web, either through new marketing techniques or redesigns of corporate sites. Nearly 69% of trade publishers said experiments had resulted in new products, while 77% of nontrade publishers said they had created new products. The source of innovation comes from a number of places, ranging from top management to \u201cliterally anybody\u201d at the company, the survey found.<\/p>\n<\/blockquote>\n<p>The most interesting bit is about the Espresso Book Machine though:<\/p>\n<blockquote>\n<p>Todd Anderson, director of the University of Alberta Bookstore, gave his unqualified support to the Espresso Book Machine, which the bookstore installed last November 1. The $144,000 machine allows the bookstore to print individual books from a variety of different files. \u201cOur model is sell one, print one,\u201d Anderson said. Through the early part of February, <span class=\"caps\">UAB<\/span> had printed 2,364 books, totaling 537,754 pages, Anderson said. Since that time, the bookstore has printed another 1,500 books with the Espresso.<\/p>\n<\/blockquote>\n<p>So they&#8217;ve printed almost 4,000 units, which, assuming an average list price of $15, comes out to $60,000 over the first 6 months . . . Looks like it could pay for itself in about a year . . . And I think we can assume these sales will increase with the new Lightening Source list of available titles. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ironically, I just got today&#8217;s PW Daily and the lead story is about the fourth annual Book Industry Study Group\u2019s &#8220;Making Information Pay&#8221; conference that took place last Friday, at which Michael Shatzkin (author of the article I just wrote about) and Michael Healy, executive director of BISG, talked about the results of a BISG [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[67486],"tags":[1836,586],"class_list":["post-262066","post","type-post","status-publish","format-standard","hentry","category-articles","tag-cwp","tag-future-of-the-book"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts\/262066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/users\/292"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/comments?post=262066"}],"version-history":[{"count":1,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts\/262066\/revisions"}],"predecessor-version":[{"id":358206,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/posts\/262066\/revisions\/358206"}],"wp:attachment":[{"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/media?parent=262066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/categories?post=262066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rochester.edu\/College\/translation\/threepercent\/wp-json\/wp\/v2\/tags?post=262066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}