Thematic Intelligence: Publishing Sector Scorecard Q2 2024 Update

Thematic Intelligence: Publishing Sector Scorecard Q2 2024 Update

Summary

Artificial intelligence (AI) remains pivotal to the publishing sector as it is among the top themes in which the most disruptive developments are happening. Acknowledging the significance of AI, publishing companies have been partnering with big technology companies or making strategic acquisitions to boost their AI capabilities. For instance, Moody’s, Axel Springer, and Informa partnered with Microsoft and OpenAI to pursue their AI-related strategic goals. Several publishers have also launched AI-powered tools and solutions or made investments to embed the technology more into their operations.

Key Highlights

• Copyright issues constitute a significant legal problem facing the industry. Some publishers continue to sue Big Tech companies to protect their IPs from AI models. In addition, a group of publishers that included Cengage and MacGraw Hill took Google to court as they complained that Google was promoting pirated versions of their books.
• Publishing companies are also taking action to ensure they adapt to the changing ways of working and ensure employee satisfaction. Moody’s, for instance, developed a prototype office that will be more efficient for hybrid working. On the other hand, Axel Springer’s decision to end mobile working and work-from-home initiatives has met with criticism from its employees.

• This sector scorecard provides a top-down, comprehensive outlook for the key players in the publishing sector over the next two years, based on the key themes set to transform their industry landscape.

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• At GlobalData, we have developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.
• Our thematic engine tags over 180 million data items across six alternative data sets-patents, jobs, deals, filings, social media, and news-to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.