Visionary got it wrong on books
This is a great article written by my friend Damon Hurst. It appears today in The Australian in the media section. Well worth a read.
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“THE book is dead,” said Peter Kindersley, founder and chairman of Dorling Kindersley (DK). He was launching the world’s first interactive CD ROM in London in 1992 at a lunch for city types as the company prepared for an initial public offering.
At the time, DK was a “new media” company with an “old media” core business — illustrated reference books. To be sure, Kindersley’s bold and self-interested prediction has plenty of relevance to today’s debate about the newspaper industry and the role of the internet — history might not predict the future but, hell, there sure are echoes.
Read more on my business blog here: Carolyn Anna Hall
