New Study Shows Steady Growth for Publishing Industry

NEW YORK -- A new study by the Book Industry Study Group (BISG), a book standards, policy and research organization, makes a case with results from its new study that the book publishing industry continues to experience steady growth, predicting that net revenues will top $40.4 billion by 2010. The 2006 edition of “Book Industry Trends” estimates that total publishers’ net revenues in 2005 reached $34.59 billion, up slightly more than 5.9 percent over 2004’s total.