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Publishers find the AI era not all that lucrative
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We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Atlantic / Franklin Foer / Nov 30, 2020
“If it’s correct to worry about a merged company that publishes perhaps 33 percent of new books, then surely it’s correct to worry more about the fact that Amazon now sells 49 percent of them…Yes, publishers are oligopolistic and hardly sympathetic, but their continued health is essential to the survival of the book business, and thus the intellectual life of this country.”
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