The Business Side of the Business: Publishing Industry News #amwriting

Life in the Realm of Fantasy

Autumn is arriving as we speak, and it’s a good time to look at how the publishing industry is doing.

publishingIndustryChatLIRF03162021Let’s have a look at how the Big 5 Publishers of literature did last year. You will note that the top players have changed since my last Big 5 article. Some of the big fish have been absorbed by the even bigger fish since we last looked at them.

#1 on the list is Penguin-Random House. They’re headquartered in Germany and are still the big kid in the schoolyard. Last year they reported earnings of 3.3 billion US dollars.

#2 is Hatchett Book Group. They are headquartered in France. Their reported earnings were 2.7 billion US dollars.

#3 of our top 5 is a corporation called Springer Nature. They publish periodicals and magazines like Nature and Scientific American. They’re headquartered in both the UK and Germany…

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