New Degree Press - Impact of COVID-19 on the Publishing

  • New Degree Press
The Coronavirus epidemic has impacted all aspects of our life, including how we lived, traveled, cooked, and even read in the “good old days.” While individuals may appear to have more time to read now, which is a positive indicator for the publishing sector, the epidemic has undoubtedly impacted the publishing industry, as it does practically every other business. Publishers, like everyone else, have adapted to the demands of a changing environment. Even throughout the pandemic, New Degree Press has aided a significant number of journalists in distributing profitable publications in a variety of genres. People used to prefer reading physical books over eBooks or audiobooks, but due to hygiene concerns, there has been a considerable shift in their preferences in recent months. Sharing industry perspectives on the effects of lockdown and pandemic. Every situation, however, has advantages and disadvantages. While individuals bought more ebooks, particularly during the lockdown, there were certain drawbacks. “ To combat widespread eBook piracy, publishers and digital platforms had to offer discounted prices and free memberships. The reductions offered were a major factor in eBook sales. While this increased book sales, it made the model unsustainable in the long run because it devalued copyright content."