Publishing gives hint of revival, data show
August 9, 2011
August 9, 2011. 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.
Professional publishing, which focuses on science, medicine, law, technology and the humanities, increased by 6.3 percent from 2008 through 2010, to $3.75 billion. Scholarly publishing, the smallest category in the business, had net revenue grow by 4.7 percent since 2008.