The biggest publishers in the world are billion-dollar companies, but publishing is a famously slow-growth, low-revenue business. So, how much money do publishers actually make?
By some measures, compared to other media, they’re middle of the pack. Some industries make out better (pharmaceutical research and oil and gas, for instance) while others much poorer (most notably, retail).
The question of profit margin at publishers has been a hot one over the past month as Amazon and Hachette battle over profits, among other things, with authors and readers getting caught in the crossfire.
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Charting Publishers’ Performance (Pub Lunch)
Publishers Lunch breaks down revenues and profits at the world’s largest publishers. It’s a high view of what’s been happening in publishing writ large.
Amazon After Publisher Profits? (Forbes)
Amazon founder and CEO Jeff Bezos famously called his competitors’ profits his company’s “opportunity,” yet investors like profit and Amazon is a publicly traded, investor-owned company.
Amazon Touts App Store Growth (DBW)
Amazon’s app store has come a long way and now has a quarter of a million apps available.
How Libraries Gamble on Ebooks (The Chronicle of Higher Education)
University libraries often subscribe to access to ebook collections that can break their banks if they’re not carefully used….
…And Now Prices Are Going Up (The Chronicle of Higher Education)
University libraries have recently been informed by ebook distributors that prices among a wide array of academic publishers are all going up at once. Some librarians have intimated that the publishers may have been working together. The publishers have denied this.
Reviving Old Content (PW)
Adaptive Studios, a content firm dedicated to finding new uses for old content, has launched a books division and plans on publishing ten young adult novels over the next year.
English in Germany (Pub Perspectives)
The German digital reading market is growing and smart publishers and authors know that Germans speak and read English well – and if you didn’t, you do now. With the low barriers to entering the German market with ebooks, there’s little reason not to.
Byliner CEO Exits (New York Observer)
The continuing saga of the end of short-form ebook content publisher Byliner drags on: CEO John Tayman has resigned.
BEA Goes Consumer (PW)
Book Expo American will have less for the trade and more for consumers next year. Shameless (but heartfelt) plug: DBW is always 100% focused on the trade…in case you were wondering.