Tuesday, May 24, 2005

Long tail: Book publishing stats: more titles, fewer sales, higher prices

Boing Boing: Book publishing stats: more titles, fewer sales, higher prices: "Book publishing stats: more titles, fewer sales, higher prices
Some interesting new stats about book publishing. Number of books sold is way down. Number of titles published is up. Cover prices are up, and so are revenues (slightly). Higher cover prices are driving students and poorer people to used books (the article doesn't say so, but I betcha that Amazon and ABE and other low-friction used-book dealers have a lot to do with this). Religious books are selling like hotcakes. There's a long tail thing visible here: lots more books to much smaller audiences. Used books are easier to get than ever, which makes new books more valuable (just like the market in used cars makes new cars more valuable). New media like DVDs and games are eating into readers' leisure time-budgets."

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