News & Trends: Book Sales Forecast to Grow (Slightly)
The new "Book Industry Trends 2009" report suggests "flat is the new up," but moderate growth is on the horizon for the next two years.
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The Numbers
Publishers earning more than $50 million per year accounted for $27.6 billion, or 68.5 percent, of all book publishing revenue, according to the report.
The adult (27 percent) and children’s (9 percent) trade categories made up 36 percent of the industry’s total sales, ahead of professional (22 percent), el-hi (18 percent), college (14 percent), religious (6 percent) and scholarly (4 percent).
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- People:
- Michael Cader
- Michael Healy
- Places:
- U.S.
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Matt Steinmetz
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Matt Steinmetz is the publisher and brand director of Publishing Executive.
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