E-Books Make Gains

Boosted by the success of Amazon.com’s Kindle e-reader and online e-book store, the e-publishing content space is booming and shows no sign of slowing down.

Competition from other device makers such as Apple promise to further stimulate what is already one of the most dynamic areas of the digital content ecosystem, per eMarketer.
In newspaper and magazine publishing, opportunities are less tangible and monetization models are in flux.

Publishers essentially abandoned paid systems in 2007, before the recession took a serious toll on ad spending. Since then, ad-based models have fallen short of expectations, leading media companies to revisit subscription plans.

The Amazon Kindle is showing strong momentum, but imminent competition from the Apple iPad and other tablet products expected to launch within a year will help the likes of magazine and newspaper publishers.

See also: “Wire Chief Says iPad Will Rescue Magazine Biz”