Monday, April 6, 2020

The Business: Corona-chan Burns OldPub

That screeching sound is OldPub losing its mind over their paper pulp business burning up like a California wildfire.


(Click on the image to make readable)

Friend of the Retreat, and my editor, Brian Niemeier also has a post on this development today. He's been talking about OldPub really being in the paper business for quite a while now, and it is obvious that the aforementioned Facebook post is a confession that this is in fact true.

In a related corollary, the audiobook business just crashed; this exposed what many suspected about that market- it's base is people commuting to their bullshit makework fake jobs, which goes alongside a major percentage of users of streaming video and audio services, and OldPub has been as stupid about audio as they have about digital so this news just threw gasoline on the fire.

Daddy Warpig gets into the issue in this Twitter thread here.

And he's right. OldPub could have--should have--gone ahead of the curve on publishing technologies and business models years ago but stubbornly thought they could squash them instead and keep everyone on their paper pulp plantation perpetually, using that captive audience to then serve the Death Cult (as they have been) and ensure their own power just as perpetually.

Now it's come undone. Not "coming", "come"; there's no returning from this. All that remains is for the metal fatigue to hit the breaking point and collapse in a cascade that ends in the industry falling into an ashen heap. It couldn't have happened to a more deserving bunch of bastards, and I won't miss any of them once they're gone. It's not like the actually valuable material they published won't find new ways to get published--even in print--once Corona-chan's come and gone.

Meanwhile, I get now how Alucard feels.

Because this is some apocalyptic shit going down, and man a lot of people are finally getting what's coming for them.

1 comment:

  1. Bradford

    I pointed this observation at Brian's blog. In Spain the obsessive refusal to offer digital and audio books has caught Spanish publishing really
    The publishers have a dearth of ebook titles thus hemorrhaging money. The small independent publishers arecespecially hard hit.
    I recently contacted one and it told me it has no plans to offer one.
    That's frustrating short cited.
    The Spanish publishing industry was already in trouble
    After the lockdown we'll see looks of bankruptcies and consolidation of both publishers and book store.

    The big will become too big and dangerous due to the excessive concentration.

    xavier

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