Tuesday, August 09, 2011

Publishing Gives Hints of Revival, Data Show


By JULIE BOSMAN, New York Times, August 9, 2011

BookStats, a large survey conducted by two major trade groups, revealed that sales of e-books and juvenile and adult fiction have helped the publishing industry expand.

The publishing industry has expanded in the past three years as Americans increasingly turned to e-books and juvenile and adult fiction, according to a new survey of thousands of publishers, retailers and distributors that challenges the doom and gloom that tends to dominate discussions of the industry’s health.

Prices of devices like the Kindle have fallen.

BookStats, a comprehensive survey conducted by two major trade groups that was released early Tuesday, revealed that in 2010 publishers generated net revenue of $27.9 billion, a 5.6 percent increase over 2008. Publishers sold 2.57 billion books in all formats in 2010, a 4.1 percent increase since 2008.
The Association of American Publishers and the Book Industry Study Group collaborated on the report and collected data from 1,963 publishers, including the six largest trade publishers. The survey encompassed five major categories of books: trade, K-12 school, higher education, professional and scholarly.  
Full story here.    

No comments: