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One can’t overlook recent mergers, with some major manufacturing plants closing, but the above-mentioned statistics brighten some pictures of industry doom and gloom that have been painted in light of the digital evolution. Additional statistics also seem to point to the contrary. According to the Book Industry Study Group’s annual “Trends” report, in 2007, publishers’ net revenues grew 4.4 percent over 2006 to more than $37 billion. In 2006, revenues were up 3.2 percent over 2005.
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