Wednesday, August 15, 2007

Book Sales

Sales Barely Up, Book Trade Yearns for Next Blockbuster
from June 1, 2007, New York Times, Section C, Page 3, Column 1

ABSTRACT - Book Industry Study Group report shows publishers sold 3.1 billion books in 2006, up just 0.5 percent from 3.09 billion sold year before; net revenue rose 3.2 percent as result of higher retail book prices, to $35.7 billion from $34.6 billion; strongest growth segment in publishing last year continued to be religious books, where 263.4 million were sold, up 3.1 percent from previous year; adult trade paperbacks increased unit sales by 3.5 percent, to 418.2 million, with net revenue rising 6.1 percent, to $3.69 billion; sales of adult hardcovers dipped 0.1 percent, to 406 million copies last year, although revenue rose 2.4 percent, to $5.49 billion.

However, from Publishers Weekly: Book Sales Projected to Increase 4% in 2007.

From the Book Industry Study Group, Book Industry TRENDS 2007 Shows Publishers' Net Revenues Rose 3.2 Percent in 2006 to Reach $35.69 billion. Not so incidentally, "The BISG office has been closed since July 19 due to the steam pipe explosion that occurred immediately outside our building. We do not yet have a definite date when we will be able to return to our offices. We are able to access voice mail and e-mail so please do not hesitate to contact us. We will deal with all enquiries as quickly as we can. We apologize for any inconvenience and expect to resume normal service as soon as possible."

No comments: