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Penguin Random House will pool resources in digital publishing; publishers' revenues from e-books more than doubled last year to 15% of total sales.
Swainston is also unhappy with the "book a year" ethos of modern publishing: "Publishers seem to want to compete with faster forms of media, but the fast turnover leads to poorer books, and publishers shoot themselves in the foot.
Steve Daykin, CFO of 7 Publishing, publishers of Delicious and Sainsbury's Magazine, also joins the board.
Record title, author, date published, publisher, and location for each source.
Back in the old days of print publishing, a publisher would distribute a known quantity of books to retailers.
It seems that the reading public is usually reluctant to wait around for the year or so it takes for a book to be written and published, publishers said, and most trials are just too boring.
Now that we live in the era of e-publishing, publishers, creative writing groups, online writing forums and booksellers are plagued by a nagging question: Is the editor dead?
Capitalising on academia's need to publish, publishers have a seemingly endless supply of authors and, to an extent, readers.
I will be happy to publish the publisher's replies.
"The post-apocalyptic world of publishing, with publishers pushing shopping carts down Broadway".
The rapid rise of e-books has thrown out the old rules of traditional publishing, and publishers have been more conservative with advances than in the past.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com