From The Bookseller:
Publishers have no grounds for complacency as the second, third and fourth waves of digital change are about to hit the business, delegates heard at a Westminster Media Forum on publishing 2013, held this week.
Mark Oliver, chief executive of media strategy company Oliver & Ohlbaum Associates, insisted that disruption was speeding up rather than slowing down. He said: “We have heard today the argument that the worst is over—making the case for complacency.
We’ve heard about people feeling that online sales have topped out, or e-books sales are topping out, and that piracy is not causing a lot of damage, that booksellers have been hit hard but publishers are doing better, wholesale prices are holding up and self-published authors are a cheap area of R&D . . . I don’t buy this. This was just the first wave of change, and the second one is about to hit. Self-publishing is about to build real challenges. Subscription models will gain in popularity. As public libraries move into e-lending, it will be hugely problematic, and piracy will grow in response to proprietary DRM.”
Link to the rest at The Bookseller
PG tried to think of a technology disruption that stopped part-way through. He was unsuccessful.