News
German book trade in good health
The German book industry has had a good 2007, according to figures released by German book industry association Boersenverein, reports Publishers Weekly.
Total sales increased 3.4%, to a record €9.58bn. This increase is the highest in the new millennium and compares favorably with the German retail sector in general, which saw growth of 1.7%. Title production was up 1.9%, to a total of 96,479 new titles and new editions, with a total print run of more than 980 million.
The sales increase was spread out among almost all sectors of the publishing industry, with children’s and juvenile fiction jumping 14% due in a large part to the publication of Harry Potter and the Deathly Hallows.
Germany is also still the world’s largest importer of translations--some 6,160 translated titles were published, with 67% of those translated from English.
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