Risky Business
To succeed in multimedia publishing, leading executives say you must not only be willing to try new things, but more importantly, be willing to fail.
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Book publishing is not commonly identified with the sort of risk-taking that one would associate with, say, the Sergey Brins and Steve Jobses of the world. And, the last company one might expect to see out on a proverbial limb would be a publisher of dictionaries (a tradition-bound format if there ever was one)—yet it was no less a player than the stalwart Merriam- Webster that over a decade ago risked it all, so to speak, by putting its dictionary online for free.
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James Sturdivant
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