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Some facts about publishing in the UK

 

 

The facts given here are taken from an article by John Kay, about something else entirely, that was published in the Financial Times on 24th June 2009. They have not been checked, but do seem reasonable.

The British spend two billion pounds a year (that’s £2,000,000,000) buying books in the “consumer market” for newly-published books that includes Amazon, high street and independent bookshops, supermarkets and book clubs. That money buys 250 million individual books, comprising about 70,000 individual titles. So each title, on average, sells between 3,000 and 4,000 copies.

So on average each book published has a budget of about £30,000 to include royalties, printing, marketing and distribution.

Note that royalties, printing and distribution all (to varying degrees) become optional for writers and publishers in an electronic world. Only marketing remains essential, although all of the factors that govern that are also changing. These facts are putting booksellers with shops out of business and significantly and continuously changing the way the publishing industry operates.

 

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Caroline M

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