Almost 60% of LinkedIn's users are between the ages of 25 and 34, making it the single largest demographic to use the platform. And this is a demographic with a willingness to pay for news.
Here is how platforms die: First, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die.
Twitter is still the place where media publishers collectively have the largest audiences, followed by Facebook and Instagram, according to an Axios analysis of 82 major news, entertainment and sports publishers.
Why it matters: While some publishers are finding quick success on TikTok, the platform yields fewer overall followers for publishers than other social platforms. Read more
On Mar. 13, 2020, I posted a piece of writing to my small group of friends on Facebook. My response to lockdown during the first anxious stage of a pandemic was a brief prose poem told from the future, describing the choices we'd made in facing the virus. That night, a friend asked if she could repost it. "Sure," I replied, and that was that.
It was Christopher Hitchens, the much-celebrated author and critic, who claimed, "everybody does have a book in them but, in most cases, that's where it should stay." Read more
A novelist friend told me that social media is pretty much mandatory these days, otherwise I could expect to remain plankton in a sea of fish all swimming toward the same accolades. As a poet, I'm already used to being a small fry, yet as I move into writing journalism and creative nonfiction, I've wondered whether I should log back on.
Amazon continued to cash in on our new shop-work-relax-from-home habits in the first three months of this year, reporting a huge rise in sales and a tripling of profits.
Almost every aspect of the Covid-19 pandemic has served to boost the tech giant's revenues, from video streaming to grocery delivery.
It said it expects the boom to continue over the next few months. Read more
Towards the end of 2020, a year spent supine on my sofa consuming endless internet like a force-fed goose, I managed to finish a beautifully written debut novel: Open Water by Caleb Azumah Nelson, which comes out next month. And yet despite the entrancing descriptions, I could barely turn two pages before my hand moved reflexively toward the cracked screen of my phone. Read more
Pitching a manuscript isn't for cowards, the thin skinned, or those with no endurance. Believing your project is worthy, truly believing in it, is required, as is the patience of a saint.
'I was trained by poetry where you can just write ambience and atmosphere. But in a novel, if there's not a story that people are interested in, with characters that they care about, they'll close the book.'
In the third in a series on the implications of AI for publishing, Nadim Sadek argues that effective advertising is now feasible for everyone, and for all kinds of titles
A publishing friend of mine recently told me about a sales report they'd received from a major retailer in which some of their books had zero sales. It turned out that there had been plenty of sales, however-they just all went to counterfeiters. In case you think this is an outlier, it's not. Counterfeiting is a serious, nontrivial problem facing the industry.
If you read the recently unsealed materials from the federal antitrust lawsuit against Amazon, you'll see why the company wanted to keep them under wraps. According to the unredacted notes from one meeting, Jeff Bezos directed his team to stuff more ads into search results, even if it meant accepting more ads internally categorized as irrelevant to what users were looking for. Read more
The U.K. Publishers Association (PA) was established in 1896 and is a cornerstone of the British publishing industry, working with a diverse array of companies to promote innovation, collaboration, and commercial success. Read more
With English as a shared language, there is a natural relationship between the American and British publishing industries. Most of the world's top publishing companies, be they conglomerates or independent publishers, have operations in each country, typically in New York City and London. Literary traffic travels both ways across the Atlantic.
The UK is experiencing a boom in book clubs, according to new data from event listing companies.
Book club listings on the ticketing site Eventbrite increased by 350% between 2019 and 2023 - a "much stronger" growth than the overall increase in UK-based listings over the same period. Between 2022 and 2023 alone, book club listings on the site rose by 41%. Read more
"We don't understand the consequences of AI with regards to copyright," Brazil's Karine Gonçalves Pansa, president of the International Publishers Association (IPA), said, when asked to name the most important issues facing publishing right now. "We can say, very easily, that our content is being used, without permission, and without license, by AI."
'Exercise the writing muscle every day, even if it is only a letter, notes, a title list, a character sketch, a journal entry. Writers are like dancers, like athletes. Without that exercise, the muscles seize up.'