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Article: DISCUSSION & REVIEWS
- Article from:
- Daily Breeze
- Article date:
- May 29, 2005
- Author:
CopyrightCopyright 2005 Daily Breeze. Provided by ProQuest LLC. (Hide copyright information)
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The publishing industry continues to put out more books than the
public is prepared to buy, according to a report issued this month by
the Book Industry Study Group.
The number of books sold dropped by nearly 44 million between 2003
and 2004, even as the annual number of books published approaches
175,000.
"People are reading less, so what you're seeing is the same
phenomenon that has hit magazines and newspapers, a massive shift
toward home video, DVD, internet and cable," said Albert N. Greco, an
industry consultant and a professor of business at the graduate
school of Fordham University.
The Book Industry Study Group, a nonprofit research organization,
reported estimated sales of2.295 ...