digital books and the new subscription economy: results of bisg research
TRANSCRIPT
Digital Books and the New Subscription Economy: Results of BISG Research
BISG/NISO Changing Standards Landscape ForumALA Annual Conference 2015
What is a subscription?
Defined collection of content Access (as opposed to ownership) Limitations on use Potential for recurring payments
Thanks to our lead sponsor:
Subscription Models
Purchase for Perpetual Access Rental, Short-Term Loan Patron-Driven Acquisition All-You-Can-Eat Token Freemium
Thanks to our lead sponsor:
Top 5 Benefits
1. Reach customers in a new way2. Increased usage of existing
content3. Source of meaningful revenue4. New consumer insights5. Improved student outcomes
Thanks to our lead sponsor:
Top 5 Concerns
1. Customer preference for ownership2. Difficulty marketing directly3. Difficulty processing royalties4. Cannibalization of one-time sales5. Devaluation of books sold
individually
Thanks to our lead sponsor:
It’s our duty to explore asmany avenues as possible to
make the maximum amount of money for our authors.
Chantal Restivo-AlessiHarperCollins Publishers
Thanks to our lead sponsor:
Impact Across the Industry
Compensation for authors and publishers: Net sale model: portion of list price
paid after threshold is reached Shared pool model: payment based
on share of titles accessed
Thanks to our lead sponsor:
We’ve seen a steady increasein total reading activity as we
add more and more titles. Subscription services encourage
[all] readers to read more.Andrew Weinstein
Scribd
Thanks to our lead sponsor:
Thank you!
Nadine VassalloProject Manager, Research & Information
Book Industry Study [email protected]
@BISG