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ERIC Number: ED114099
Record Type: Non-Journal
Publication Date: 1974-Nov
Pages: 28
Abstractor: N/A
Reference Count: N/A
An Economic Profile of the U. S. Book Industry. National Program for Libraries and Information Services Related Paper No. 12.
Benjamin, Curtis G.
The economics of book publishing are described in this study completed for the National Commission on Libraries and Information Science. Segments of the book industry are compared by annual sales and titles published, as is profitability by categories of publishing. Operating statements of major categories are examined and capital requirements and returns on investment are compared by categories. Editorial and royalty costs; manufacturing costs and the economics of scale in hardbound and paperback publishing; sales and promotion costs; costs of mass sales and on-demand fulfillment; and general and administrative costs are discussed. Categories of income from secondary rights and risk factors in pricing in relation to unit costs and estimated sales are described. Special economic problems engendered by returns of unsold books and advances to authors are evaluated, along with advantages and costs of overseas distributors and pitfalls facing book publishers in periods of rapid technological change. (Author/PF)
Publication Type: Books
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: National Commission on Libraries and Information Science, Washington, DC.