All the editorial team and writers here at What’s New in Publishing, as well as our owners Sovrn Holdings, Inc., would like to wish our readers a Merry Christmas and a Happy New Year.
Over the festive period, the team will be taking a well-earned break between Monday, 23rd and Friday, 27th December. We will be publishing features again as usual from Monday, 30th December onwards and our newsletter will resume once more on Thursday, 2nd January.
We enter the new decade with increased optimism – the last twelve months have seen publishers regain their confidence and return to core competencies rather than rely on fickle platforms for traffic, distribution and revenue. Opportunities abound, as reflected in BuzzFeed’s CEO Jonah Peretti statement that the company generated over $100 million in revenue last year “from business lines that didn’t even exist in 2017.”
Publishing luminary Bo Sacks also remarked recently, “I have attended seven publishing conferences this year, and the overwhelming consensus is that all is well in our various media communities, and what has been a long lingering fear is now gone.”
Indeed, Sacks believes this is the new golden age of publishing—a view shared by the team here at WNIP, not least his line that “the only time to panic is when people stop reading.”
On behalf of all of us at WNIP, Merry Christmas and a Happy New Year.
P.S.: Our review of the year, Media Moments 2019, is an essential read covering this year’s major publishing developments and what we can expect from next year.