Their "meat in due season" has deteriorated to "bread and circuses."
Regional Convention New Releases
by pixel 23 Replies latest watchtower beliefs
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sir82
I think we've reached the point where there will be virtually no new "literature" ever again. Just reprints, revisions, and simplifications of existing stuff.
And even most of that won't be "printed", it will primarily be available for download on their app.
As has been noted many times on this forum, their business model has been completely transformed.
They used to be a printing & publishing corporation masquerading as a religion.
They are now 95% of the way transitioned into a real estate development corporation masquerading as a religion.
They're still not very good at it, but when your corporate tax rate is 0% and your payroll is measured in (effectively) cents per hour, you can afford to be "not very good" and still stay afloat.
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slimboyfat
They are not a real estate company. They are simply selling off their real estate assets which they accumulated during their profitable years of publishing. There is a big difference. What they will do when they run out of assets to sell remains to be seen. If a cafe sells cakes then it’s in business. If it starts selling the cash register, the tables, chairs, fridges, and the building itself, it’s not because it’s moving into the furniture and real estate business. It’s because it’s going bust.
They print so little literature now that they will probably need to make a decision soon: will they keep printing the few remaining tracts and Bibles to keep them in stock, use outside publishers, or go 100% digital? Because, having reduced print output by something like 90%, it’s probably not viable to keep the machinery, infrastructure and personnel just for the remaining 10%.
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slimboyfat
I’m not clear how a video drama and Bible reading count a “releases”. Are they having us on?