Report today that book sales declined in 2003, even as revenues went up. According to the Book Industry Study Group, 23 million fewer books were sold last year than in 2002.
Biggest factor? A rise in the sale of used books.
Fox news quotes from Albert N. Greco, an industry consultant and a professor of business at the graduate school of Fordham University:”We believe this is due to a variety of factors, the biggest being the used book market. People are looking for bargains, especially in college textbooks, where we believe millions of used books are being bought. Also, books are competing with magazines, cable, radio, music and movies.”
How about those Cory Doctorow book downloads?
Report today that book sales declined in 2003, even as revenues went up. According to the Book Industry Study Group, 23 million fewer books were sold last year than in 2002.
Biggest factor? A rise in the sale of used books.
Fox news quotes from Albert N. Greco, an industry consultant and a professor of business at the graduate school of Fordham University:”We believe this is due to a variety of factors, the biggest being the used book market. People are looking for bargains, especially in college textbooks, where we believe millions of used books are being bought. Also, books are competing with magazines, cable, radio, music and movies.”
How about those Cory Doctorow book downloads?