A Publishing Revival?

We're often told that the book publishing industry is going the way of the dodo. Not so!



From an article in the New York Times...



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.



“We’re seeing a resurgence, and we’re seeing it across all markets — trade, academic, professional,” said Tina Jordan, the vice president of the Association of American Publishers. “In each category we’re seeing growth. The printed word is alive and well whether it takes a paper delivery or digital delivery.”