Publishing Is a Crowded Market
276,649 new titles and editions were printed in 2007 which is a 1% increase over the previous year. Print on Demand books increased from 21,936 titles to 134,773 titles per year. It’s no wonder that Amazon is flexing its market power with requiring POD authors and publishers to use its own POD service, Booksurge, or face increased fees. POD is big money these days.
Among the traditional categories, the biggest gain in output occurred in literature, which rose 19%, to 9,796 titles, while fiction was close behind at a 17% increase to 50,071 titles; fiction is also the single largest category. Seventeen categories had a drop in output, with the largest decline in business with title output down 12%, to 7,651. Output in personal/financial titles fell 8%, while publication of religious text dropped 5%. Juvenile title output fell 1%, to 30,063.
Source Publishers’ Weekly.