New York books find foreign audience

TV shows and Hollywood blockbusters aren't America's only cultural exports. The book industry is also expanding overseas, according to a report released Friday by the Association of American Publishers that looks at book exports for the first time. Exports by U.S. publishers, which are dominated by the big six New York houses, rose 7% in 2011 over the prior year to $357 million. That included $22 million in ebooks purchased overseas—a 333% spike—and $336 million in print books, a bump of 2%. Continental Europe made up the biggest market, with sales of $83 million, up 15%. The United Kingdom was second, with $64 million in sales, up 23%, followed by Latin America, which was up 15% to $17 million. The report attributed the growth to the spread of online booksellers and the international emergence of ebooks in 2009. Historically, foreign distributors, particularly in non-English language countries, offered only 5% to 10% of U.S. publishers' English-language titles. "It's both a greater number of iPads and smart phones, and Amazon moving into a greater number of countries," said Lorraine Shanley, president of Market Partners International, a publishing consulting firm. Foreign audiences are often attracted to the original U.S. edition, the report's authors found. Particularly popular were pop culture and business books, as well as children's and young adult books in countries where readers are keen to learn English. "English language education has reached into increasingly... Continue reading at 'Crains New York'

[ Crains New York | 2012-05-19 00:00:00 UTC ]
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PW Picks: Books of the Week, December 5, 2016

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E-books can be sold with reduced VAT, says EC

European publishers and booksellers have welcomed the decision of the European Commission to allow VAT to be reduced on ebooks, with sales now bound to go up, according to booksellers. Continue reading at The Bookseller

[ The Bookseller | 2016-12-02 00:00:00 UTC ]
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Transworld debut The Couple Next Door named W H Smith's Book of the Year

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[ The Bookseller | 2016-12-02 00:00:00 UTC ]
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[ Publishers Weekly | 2016-12-02 00:00:00 UTC ]
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[ Folio Magazine | 2016-12-02 00:00:00 UTC ]
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Macmillan Children’s Publishing Expands E-book Lending

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The Essex Serpent beats Beatrix and Harry Potter to book prize

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Foyles picks The Sellout as book of the year

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TV-like programming struggles to find a home on Facebook Live

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