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The continuing rise of religious publishing
Yes the new Harry Potter will be a big hit, but the real growth in publishing revenue is coming elsewhere:
In 2004, religious books represented 7 percent of all book sales, with $1.95 billion in net revenues. The book industry overall totaled $26.45 billion in net revenues, according to the Book Industry Study Group. Translated into consumer spending, readers spent $3.7 billion on religious books, a category that includes Christian books. That is an increase of nearly 285 percent from 1983. "It is the only book category where we've seen that kind of growth rate," Greco said.
Here is the full story.
Posted by Tyler Cowen on July 14, 2005 at 05:37 AM in Books | Permalink
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» Religious Inflation from Modulator
Tyler Cowen notes this Denver Post article which states that:In 2004, ... Translated into consumer spending, readers spent $3.7 billion on religious books, a category that includes Christian books. That is an increase of nearly 285 percent from 1983.Th... [Read More]
Tracked on Jul 14, 2005 1:38:28 PM
» The Continuing Rise of Religious Publishing from Right Mind
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I'm not big on linking, but sometimes there are things I'd like to bring to your attention that don't deserve a lengthy essay. So I'm going to bring back an old feature, the Anger Management Daily Round Up. Enjoy... -- -John Tamny attacks the claim tha... [Read More]
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» Religious Inflation from Modulator
Tyler Cowen notes this Denver Post article which states that:In 2004, ... Translated into consumer spending, readers spent $3.7 billion on religious books, a category that includes Christian books. That is an increase of nearly 285 percent from 1983.Th... [Read More]
Tracked on Jul 18, 2005 2:05:40 AM
