Evolve or Die

 Publishing is global now like never before. And experiencing a crisis like never before.

Soon I think it will be clearly affecting all areas of publishing. But this has been a thing for a while but many things are exascerabating. For the short term I think many of larger pubslihers will continue to fold or, worse, consolidate. Every industry is enduring some sort of Adapt & Evolve or die transition here. I really do think that publishing's future, worldwide, is in the small press; the small preses that have the luck, wits, and adaptability to survive the next few years while everything else burns.
 Just some good morning cheer before I hit the bricks

"Medium and small-sized publishers are being hardest hit by the crisis.
Secil Epik and Busra Mutlu, co-founders of Umami, set up their boutique publishing house in 2021.
“As a publishing house focusing on translations, copyright fees and paper costs are equally challenging for us,” Epik told Al Jazeera. “At the end of the day, we earn in Turkish liras, paying both in dollars. It’s getting harder to acquire new titles every day.”
They said they have noticed a considerable fall in sales so far this year and that while the initial print of their first title sold out in four months, only half of its second run has sold.
As it takes several months to get paid for a first run, they struggle to reprint titles with the earnings as costs surge in the meantime – they said that their first book’s publishing costs doubled in just two months.
“This may not be very challenging for publishing houses that publish 100 new books per year and already have tens or hundreds of books in circulation, but it has become hard for independent publishing houses that produce on a much smaller scale and want to discover niche areas and new names, and introduce them to their readers,” Mutlu said.

 In Turkey, book publishers face agonising choices to survive