Publishers have been anticipating resurgence in their fortunes in six months’ time for the last eight years. Suddenly that resurgence may be upon us.
It’s not universal, but time and again these days, I look at yet another set of publisher’s data and see tangible signs of what I call the “point of inflection;” the moment in time when declines in print — revenue and profitability — are being exceeded by the growth of those in digital. I first wrote about this in November 2006. But at long last, this position has changed for a number of publishers, and many more are likely to see a positive future soon.