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Technical Book Slump
In a message dated 25/03/02 20:25:31 GMT Standard Time, [email protected] writes:
Yes it is. One reason is that many/most/all technical publishers cancelled at least some books after the combination of dot.bomb and the events of 11th September. If income was down (which it was) then the reflex response from an accountant is to cut outgoings which attempts to balance the books in the short term but cancelling books is eating seed corn, in a sense.
Those cancellations from Autumn (Fall) 2001 are now feeding through in the beginning of a reduction of arrival of new titles.I suspect the knock-on effects could be there for maybe another 6 months or so. Some publishers are still pretty nervy.
Andrew Watt
Anyone noticed that technical book publishing is in something
of a slump right now?
Yes it is. One reason is that many/most/all technical publishers cancelled at least some books after the combination of dot.bomb and the events of 11th September. If income was down (which it was) then the reflex response from an accountant is to cut outgoings which attempts to balance the books in the short term but cancelling books is eating seed corn, in a sense.
Those cancellations from Autumn (Fall) 2001 are now feeding through in the beginning of a reduction of arrival of new titles.I suspect the knock-on effects could be there for maybe another 6 months or so. Some publishers are still pretty nervy.
Andrew Watt
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