Tuesday, August 28, 2007

I spent part of the Bank Holiday weekend catching up on back issues of the trade press and came across this article Publishing's World Leaders in the constantly improving and Internet-friendly Publishers Weekly and co-sponsored by Livres Hebdo whose copyright this is. I have permission from them and the producer Ruediger Wischenbart and I would have put a (c) with a circle round it next to Livres Hebdo 2007 but I can't work out how to find that symbol.

I post the chart here as a reminder of the range, internationalism and relative size of the world's major publishers and to give perspective to some of the discussions on this blog.

Rank Publishing Company (Group or Division) Parent Company Parent Country 2006 $ Revenues 2005 $ Revenues
1 Reed Elsevier Reed Elsevier UK/NL 7,606.30 7,217.60
2 Pearson Pearson plc UK 7,301.00 6,807.00
3 Thomson Thomson Corp. Canada 6,641.00 6,173.00
4 Bertelsmann Bertelsmann AG Germany 5,995.60 5,475.60
5 Wolters Kluwer Wolters Kluwer NL 4,800.90 4,386.20
6 Hachette Livre Lagardère France 2,567.50 2,137.20
7 McGraw-Hill Education The McGraw-Hill Cos. US 2,524.00 2,672.00
8 Reader's Digest Reader's Digest US 2,386.00 2,390.00
9 Scholastic Corp. Scholastic US 2,283.80 2,079.90
10 De Agostini Editore Gruppo De Agostini Italy N/A 2,089.10
11 Holtzbrinck Verlagsgruppe Georg von Holtzbrinck Germany N/A 1,594.84
12 Grupo Planeta Grupo Planeta Spain 1,319.50 N/A
13 HarperCollins News Corporation US 1,312.00 1,327.00
14 Houghton Mifflin Houghton Mifflin Riverdeep Ireland 1,054.73¹ 1,282.10
15 Informa Informa plc UK 1,271.14 N/A
16 Springer Science and Business Media Cinven and Candover UK/Germany/Italy/France 1,201.20 1,088.10
17 Kodansha Kodansha Japan 1,180.92 1,253.85
18 Shogakukan Shogakukan Japan N/A 1,176.63
19 Shueisha Shueisha Japan N/A 1,093.95
20 John Wiley & Sons John Wiley & Sons US 1,044.19 974.00
21 Editis Wendel Investissement France 981.50 1,008.96
22 RCS Libri RCS Media Group Italy 937.82 921.18
23 Oxford Univ. Press Oxford University UK 786.11 858.65
24 Kadokawa Publishing Kadokawa Holdings Inc. Japan 808.60 809.90
25 Simon & Schuster CBS US 807.00 763.00
26 Bonnier The Bonnier Group Sweden 769.56 N/A
27 Gakken Gakken Co. Ltd. Japan 682.89 756.99
28 Grupo Santillana PRISA Spain 635.44 545.22
29 Messagerie Italiane Messagerie Italiane Italy 629.20 N/A
30 Mondadori (book division) The Mondadori Group Italy 571.35 552.50
31 Klett Klett Gruppe Germany 520.00 458.12
32 Cornelsen Cornelsen Germany 451.10 450.97
33 Harlequin Torstar Corp. Canada 407.03 449.54
34 WSOY Publishing and Educational Publishing Sanoma WSOY Finland 401.70 N/A
35 Médias Participations Media Participations Belgium 381.16 391.56
36 Les Editions Lefebvre-Sarrut Frojal France 342.29 293.80
37 Langenscheidt Langenscheidt Germany 338.00 N/A
38 Weka Weka Firmengruppe Germany 327.47 333.84
39 Groupe Gallimard Madrigall France 309.40 330.14
40 Westermann Verlagsgruppe Medien Union (Rheinland-Pflaz Gruppe) Germany 303.94 294.84
41 Kyowon Kyowon Korea N/A 303.68
42 Weltbild Verlagsgruppe Weltbild GmbH Germany 299.78 291.46
43 La Martinière Groupe La Martinière Groupe France 296.40 334.10
44 Higher Education Press Higher Education Press China (PR) N/A 266.50
45 Egmont (book division) Egmont International Holding A/S Denmark 260.00 232.70

N/A = Not Available.
1 = For first nine months of 2006.
Note: Figures are based on sales generated in calendar 2006 or—in cases with a fiscal year—from fiscal 2006. Data is from publicly available sources, in most cases annual reports. No attempts have been made to estimate sales in 2006 for companies that have not yet released updated figures. The listing was compiled by international publishing consultant Rudiger Wischenbart.
Source: Reed Business Information and Livres Hebdo

 

As a follow-up to the Death of the Publisher? (I wish I'd headed it Death of a Publisher? - so much more literary) there is an excellent essay on the Exact Editions blog. Adam Hodgkin points out that these print-on-demand operations are likely to have a major democratising impact for authors which will result in millions more titles being published. I agree but the inevitable consequence of that will be the even greater need for publishers to continue to act as quality arbiters. My fear specifically about the Amazon initiative is that the huge additional numbers of unrefereed titles available for sale and promised exposure on Amazon by Amazon will obscure other potentially more relevant titles thus diminishing the customer experience. The bad will drive out the good.
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