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Demise of the printed word?
By Andrew Moody
Sep 6 2010 9:25
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Liu Zhe/China Daily
Hundreds of people flock to the Beijing International Book Fair last week. Many of the world's publishers believe what happens in China could alter the axis of the global publishing industry and condemn what we now know as the paper book to history.

BEIJING — One of the main topics of discussion at last week's 17th Beijing International Book Fair was not whether the printed book was dead — for some that was a given — but whether publishers might be about to die with it.

Among the stands of the world's publishing elite at the city's exhibition center, many believed the answer to that question might come from China itself.

The desire to read books digitally on Apple iPads, Amazon Kindles or devices made in China such as Founder or Hanvon, is perhaps greater in China, where gadgets are adored, than any other market except the United States.

China's digital publishing industry reached 79.9 billion yuan in 2009, up 50 percent on the previous year, according to the General Administration of Press and Publication (GAPP).

Many of the world's publishers believe what happens in China could alter the axis of the global publishing industry and condemn what we now know as the paper book to history.

The move to digital transforms the business model of publishing and who gets what slice of the cake.

Publishers fear they could become marginalized or cut out of the process altogether as the new operators in the market — those providing the platforms — want to become content providers themselves and sign their own deals with authors.

Stephen Luk, managing director and general manager of The Commercial Press, the leading Hong Kong educational publisher, said the very survival of publishers is at stake.

"In China, there is a need to work out between the publishers and the software, hardware and telephone companies what the share will be. If it is not equitable the publishers could die," he said.

"There is no established business model in the digital era yet."

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