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June 5 – 12, 2008 Edition
Net Revenues Rise 4.4% New York, New York/5/31/2008–The Book Industry Study Group (BISG) has just released figures from the upcoming 2008 edition of Book Industry TRENDS, the comprehensive view of U.S. book publishing dollar and unit sales that uniquely covers publishers with under $50 million in annual revenue as well as the larger publishing companies.
TRENDS 2008 estimates that total publishers’ net revenues in 2007 reached $37.26 billion, up 4.4 percent over 2006’s total, and that unit sales in 2007 reached nearly 3.127 billion.
TRENDS projections show revenues reaching nearly $43.5 billion and units at 3.15 billion by the end of 2012.
Providing estimates for 2006 and 2007 and projections for 2008 through 2012, TRENDS 2008 covers the entire U.S. book publishing industry. With the exception of a short section consisting of Traditional Summary Data tables, all figures in thelatest edition of TRENDS are based on data about the full range of small and midsize publishers coupled with data about the more visible large houses.
Reports on interviews with more than 30 industry insiders, which are also included in TRENDS 2008, reveal that publishers today are less strained and
more determined to grapple with issues and implement solutions than they were a year ago.
Tracking Trends for Over 30 Years BISG has been tracking publishers’ dollar and unit sales for more than 30 years. Throughout the past three decades, TRENDS has provided invaluable data on the U.S. book business. TRENDS numbers are widely quoted in prestigious publications including The New York Times, The Wall Street Journal, USA Today, The Washington Post, Business Week, Publishers Weekly, Subtext and many other periodicals that serve book industry professionals, who rely on TRENDS as they plan for the future. BISG expanded its data sources in 2006 to cover the significant and growing segment of the U.S. book publishing market composed of companies with annual revenues of up to $50 million as well as the segment comprising larger companies that TRENDS has always tracked. This year, TRENDS also includes data on sales of a subset of
Robert M. Wharton and Albert N. Greco, senior researchers at The Institute for Publishing Research, provided the analyses of data in this volume. Robert Wharton is also a professor and chair of the Department of Management Sciences at Fordham University’s Graduate School of Business Administration. Albert Greco is the author of The Book Publishing Industry and the co‐editor of Media Economics: Theory and Practice, as well as a professor of marketing at Fordham’s Graduate School of Business Administration.
Interviews for TRENDS 2008 were conducted, analyzed and reported by Stephanie Oda and Glenn Sanilso of Open Book Publishing.
For more information, or to order a copy of Book Industry TRENDS 2008 visit http://www.bisg.org/publications/trends2008.html.
About Book Industry Study Group, Inc.
The Book Industry Study Group, Inc. (BISG) is the industry’s leading trade association for policy, standards and research. The mission of BISG is to create a more informed, empowered, and efficient book industry. Membership consists of publishers, manufacturers, suppliers, wholesalers, retailers, librarians, and others engaged in the business of print and electronic media. For more than 30 years, BISG has provided a forum for all industry professionals to come together and efficiently address issues and concerns to advance the book community.