e-content will overtake traditional books in sales by 2018

Just one of the findings from the Frankfurt Book Fair survey of over 1,000 industry professionals.  All of the survey results are in the press release.

Here’s a snippet about the challenges, which I find interesting:

Challenges facing the industry

70 per cent of respondents may feel ready for the digital challenge, but industry professionals nevertheless recognised the need to work together to tackle certain issues. The following top four concerns will be discussed at length during this year’s Frankfurt Book Fair:

• copyright – 28 per cent – typical…
• digital rights management – 22 per cent  – Oh, that nasty DRM
• standard format (such as epub) – 21 per cent  – how about one platform while you’re at it
• retail price maintenance – 16 per cent – hopefully this will filter to library price maintenance too