Digitisis, Part Three: Expedition and Erudition
The major strategic shift of the past two decades in professional publishing is the decline of the historical duopoly. Lawyers never really wanted to deal with more than a few reliable tradesmen (typically Butterworth and Sweets as was in the UK) and the owners of the primary sources certainly didn’t want just anyone playing with their gems of wisdom. This supply-side duopoly propped up Lexis and Thomson/West in the UK for many decades. It coincidentally conferred on them financial supremacy: deeper pockets than the rest. Pockets they used to ramp up acquisition prices, R&D, front list development, etc in ways . . . [more]
