Corner Office: Aiming for Agility
Lerner Publishing Group President and Publisher Adam Lerner discusses the 50-year-old company’s efforts to keep pace with change.
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
• How has the economic climate impacted your business strategy?
Lerner: Well, I think it's negatively impacted it, primarily around … the school and library funding [issue]. … That's not to say there still isn't funding out there to acquire print books. But, at best, that funding has stayed flat. And some of those funds have been shifted over to digital [content] acquisitions. So most schools and libraries are property tax-based and, obviously, we know what's happened with property valuations. So that's had a direct impact. Our [parent] company [Lerner Universal Corp.] also has book manufacturing and graphics [services]. And that's been hard-hit by the economic climate.
0 Comments
View Comments
E
T
Heather Fletcher
Author's page
Heather Fletcher is senior content editor with Target Marketing.
Related Content
Comments