Friday, May 19, 2006

Good News for the Book-Publishing Industry

Good news: Book sales went UP in 2005, according to a story in today's New York Times:

"Publishers generated net revenue of $34.6 billion in 2005, up 5.9 percent from the previous year, according to the report (by Book Industry Study Group).

The industry sold about 3.1 billion books last year, up 3.8 percent from a year earlier. The figures are being released as publishers, authors, agents and booksellers are gathered in Washington for the second day of the industry's annual BookExpo America convention, a publicity bonanza for the fall season's new books."

Sales of juvenile books and religious books notched the most impressive growth stats, according ot the report, with increases of 9.6 percent and 8.1 percent, respectively.

Harry Potter and the Half-Blood Prince and books by Christian leaders Rick Warren (The Purpose Driven Life) and Joel Osteen did booming business.

And about sales of literary titles? Don't ask.

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