Top Book Manufacturers: Printers Adapt by Following the Market
An evolving marketplace
has meant reshuffling
priorities, but basic business models are sound.
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Across the industry, the story is roughly the same: While commercial printing has been hit hard by the recession, book volumes are, for now, holding steady. It's no wonder that, for many, the silver lining amid the dark clouds of recession has been the book sector's ability to hold its own.
"The impact of digital technologies has been felt mainly in directories, forms and statement printing, as electronic communication and transaction technology has eliminated or devalued the role of many traditional paper forms," RR Donnelley noted in a recent SEC filing. "Electronic substitution has continued to accelerate in directory printing, in part driven by environmental concerns and cost pressures at key customers.
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James Sturdivant
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