This is a big one for us. Rhode Island's Slater Technology Fund is betting $500,000 that Tizra will "really open the floodgates for book-based content from thousands of publishers." Their investment caps a year in which we've gone from four people, two dogs and an idea to a company that someone besides us and our friends and families believe will set online publishing on its ear. We even have our very own Forbes article.
Thanks to the folks at Slater for being great advisors as well as investors, and to the many friends and family members who preceded them!
Publisher's weekly seems to have missed a key part of my message during Rebecca's and my backlist tutorial, which is that the long-term term payoff of XML is sufficiently expensive and disruptive that it can't happen quickly for publishers with significantly smaller resources than Thomson's, and that image based solutions like PDF can meet a lot of needs very quickly, for publishers that don't want to postpone full entry into online markets another 2-5 years. The Adobe announcements (especially integration of new e-book formats into print-oriented production tools) seems to present a more practical way for smaller publishers to change their workflows than the "big-bang" conversion project. But that kind of incremental strategy leaves existing PDF and image backlists just the way they are, and means that PDF will be a key part of all solutions for online marketing and product definition for the foreseeable future. Sometimes the future's so bright tha...
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