Book Publishing Companies

Book publishing has accelerated as an industry in thebook publishers, some of the well-known names in
last few decades with the steady growth ofthe industry are: McGraw Hills Companies,
computer technology and new publishing techniquesHarperCollins Publishers, Penguin Group, Reed Elsevier,
like digital information systems and the Internet.W.W. Norton & Company Inc., Macmillan
According to figures released by the Association ofPublishers Ltd., Longman Publishers USA, Pearson to
American Publishers (AAP), net sales for the entirename a few. These companies publish material on
United States publishing industry are estimated todiverse topics ranging from entertainment, fiction,
have increased by 1.3 percent from 2003 to 2004 tonon-fiction, management, art, architecture,
a grand total of $23.72 billion. This clearly indicates thephotography to day to day issues like cooking, pet
publishers or the book publishing companies arecare, gardening, etc.
reaping the benefits of the trade.Recently, Western publishing industry has been
Most of the publishers or the book publishingshrouded with controversy as large business houses
companies usually control the advertising andhave bought or merged a significant number of key
marketing tasks and sub-contract the editorial andpublishing houses and bookstores to create a
production process to small businesses, as bookmonopoly in the market. This has resulted in an
publishers rarely own printing presses and binderies.increased concentration of well-known authors to
This trend, known as "book packaging," is gainingaugment the market share of bestsellers. The
momentum as retail book chains and supermarketsgrowing commercialization in the publishing industry
have centralized their buying.has become a matter of concern not only for critics
Although, the publishing industry is teeming with manybut also for writers in general.