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Article: -INDUSTRY CANADA: Book publishers and exclusive agents -- 1996/97
- Article from:
- M2 Presswire
- Article date:
- July 9, 1998
CopyrightCOPYRIGHT 1998 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-9 July 1998-INDUSTRY CANADA: Book publishers and exclusive agents -- 1996/97 (C)1994-98 M2 COMMUNICATIONS LTD RDATE:090798 Canadian-controlled book publishers and agents accounted for almost two-thirds (65%) of total publishing revenues in 1996/97. They were, however, less profitable than their foreign-controlled competitors. In total, the 562 book publishers and exclusive agents in Canada reported total revenues of just under $2.0 billion in 1996/97, and profits of $75 million. Revenues reported by Canadian-controlled publishers and agents amounted to just under $1.3 billion, while those reported by foreign-controlled firms reached $690 million. However, ...