Ever though about investing in the creative industries? Here are a few reasons you might give the book biz some thought:
Books are relatively inexpensive to produce, are similarly inexpensive to market (thanks Facebook, Twitter, et al), offer proportionally high per unit revenue, are easily exported, and most importantly are ‘adaptable’ content (i.e. they can be converted into scripts underpinning film, TV and theatre production).
Here’s another view from BNET: Random House: How to Make It in Hollywood Without Really Trying