What next for global publishing post-pandemic?
Around the world
In the UK, the publishing and book industry is recovering from the Covid- 19 pandemic. Coronavirus caused bookshops to close, publication dates to be pushed forward, and had a huge impact on teaching and learning. With Bertram’s collapsing into administration, the impact was most felt on independent publishers, already suffering from the loss of bookshops sales. But shops are now open, Amazon is selling books again, the bigger publishers are posting better-than-expected results, and there is a bonanza of new autumn titles.
In the US, the AAP reports a decline of 4.2% in revenues comparing the period January−June 2019−20. Whilst sales of consumer books have increased year on year, and ebook and audio download revenues are up, education sectors have suffered the most. Overall, the UK and US industries are faring much better than in other places around the world.
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