The commercial publishing industry ranges from large multinational conglomerates such asNews Corp,Pearson,Penguin Random House, andThomson Reuters[2] to major retail brands and thousands of small independent publishers. It has various divisions such as trade/retail publishing of fiction and non-fiction, educational publishing, andacademic and scientific publishing.[3] Publishing is also undertaken by governments, civil society, and private companies for administrative or compliance requirements, business, research, advocacy, or public interest objectives.[4] This can includeannual reports,research reports,market research, policy briefings, andtechnical reports.Self-publishing has become very common.
Publishing has evolved from a small, ancient form limited by law or religion to a modern, large-scale industry disseminating all types of information.[5]
"Publisher" can refer to a publishing company, organization, or an individual who leads a publishing company,imprint,periodical, or newspaper.
The publishing process covering mostmagazine,journal, and book publishers includes:(Different stages are applicable to different types of publishers)[6]
Newspapers ornews websites are publications of current reports,articles, andfeatures written byjournalists. They are free, sometimes with a premium edition, or paid for, either individually or through asubscription. They are filled with photographs or other media and usually are subsidized withadvertising. Typically, they coverlocal, national, and international news or feature a particular industry. Some organizations charge premium fees if they have the expertise and exclusive knowledge. The news industry is meant to serve the public interest, hold people and businesses to account, and promote freedom of information and expression.[7] Editors manage the tone of voice of their publication; for example, negative versus positive articles can affect the reader's perspective.[8]
Ajournal is an academic or technical publication also available in digital and(or) print format, containing articles written by researchers, professors, and individuals with professional expertise. These publications are specific to a particular field and often push the boundaries established in these fields. They usually havepeer review processes before publishing to test the validity and quality of the content.[9]
Amagazine is a periodical published at regular intervals. It features creative layouts, photography, and illustrations that cover a particular subject or interest. Magazines are available in print or digital formats and can be purchased on apps or websites likeReadly or accessed free of charge on apps or websites likeIssuu.
The global book publishing industry consists of books categorized asfiction ornon-fiction andprint,e-book, oraudiobook. The book market is huge, with around 1.5 billion people speaking English.[10] Translation services are also available to make these texts accessible in other languages. Self-publishing makes publishing widely accessible through small print-rundigital printing or online self-publishing platforms.E-reader screen technology continues to improve with increased contrast and resolution making them more comfortable to read. Each book has a registeredISBN to identify it.
Directories contain searchable indexed data about businesses, products, and services. They were printed in the past but are now mostly online. Directories are available as searchable lists, on a map, as a sector-specificportal, as areview site (expert or consumer), or as acomparison site. Although some businesses may not consider themselves publishers, the way the data is displayed is published.
Atextbook is an educational book, or e-book, that contains information on a particular subject and is used by people studying that subject.[11] The need for textbook publishing continues due to the global need for education.[12][13] Textbooks from major publishers are being integrated with online learning platforms for expert knowledge and access to a library of books with digital content.[14] Auniversity press is an academic publisher run by a university.Oxford University Press is the largest in the world and specializes in research, education, and English language teaching internationally.[15]
A catalog is a visual directory or list of a large range of products that allow you to browse and buy from a particular company.[16] In print, this is usually in the format of a softback book or directory. Smaller visual catalogs can be known as brochures. With the Internet, they have evolved into searchable databases of products known under the terme-commerce. Interactive catalogs and brochures like IKEA[17] and Avon[18] allow customers to browse a full range if they have not decided on their purchase. Responsive web and app design will allow further integration between interactive catalog visuals and searchable product databases.
Until recently, physical books were the primary source of recording knowledge. For accessibility and global reach, this content can be repurposed for the web. TheBritish Library, for example, holds more than 170 million items with 3 million new additions each year.[19] With consent, content can be published online through e-books, audio books,CMS-based websites, online learning platforms, videos, or mobile apps. On the Internet, writers and copy editors are known as content writers and content editors, although their roles vary from their print-based counterparts.
Advertising can provide income or a subsidized income for publishers. If the advertising has areturn on investment (ROI), the publisher can boost income exponentially by increasing the spending. An ROI of up to £10 per £1 invested is possible, as seen in the John Lewis & PartnersChristmas campaigns.[20][21] Likewise, any cost savings that harm the customer/consumer experience can impact a brand in the long term.Multichannel marketing can be more cost-effective in creating an immersive experience that cannot be replicated with one channel. For example, when considering marketing spend, a shop with a small margin (or none at all) compared to a website is very cost-effective because it acts as a huge billboard that offers a browsing experience that enables consumers to make purchasing decisions. It gives them a feel for the brand, has a presence in the community, and creates jobs. Also, using social media publishing to advertise has a good ROI if trending, high-quality content is created that reflects positively on the brand.
Film, television, radio, and advertisements publish information to their audiences. Computer games, streaming apps, and social media publish content in various ways that can keep audiences more engaged. Marketing additional products closely related to a major film, such asStar Wars, is an example of tie-in publishing. These products include but are not limited to spin-off books, graphic novels, soundtrack albums, computer games, models and toys, social media posts, and promotional publications. Examples of tie-in publishing based on books are theHarry Potter andJames Bond franchises.
These companies traditionally produce hardcopy books in large print runs. They have established networks which distribute those books to bricks-and-mortar stores and libraries.
When a mainstream publisher accepts a book for publication, they require the author to sign a contract surrendering some rights to the publisher. In exchange, the publisher will take care of all aspects of publishing the book at the publisher's cost. They rely entirely on sales of the book to recoup those costs and make a profit. The author receives a royalty on each sale (and sometimes an advance on royalties when the book is accepted[23]). Because of thefinancial risk, mainstream publishers are extremely selective in what they will publish, and reject most manuscripts submitted to them.[24]
In 2013,Penguin (owned byPearson) andRandom House (owned byBertelsmann) merged, narrowing the mainstream publishing industry to a handful of big publishers as it adapted to digital media.[25] The merger created the largest consumer book publisher globally, with a global market share of more than 25 percent.[26] As of 2022[update], approximately 80% percent of the United States trade market for books was controlled by the "Big Five" publishing houses:Penguin Random House,Hachette,HarperCollins,Simon & Schuster, andMacmillan.[27]
In November 2020, ViacomCBS agreed to sell Simon & Schuster, the third largest book publisher in the United States, to Penguin Random House in a deal that, if it had gone through, would have formed the largest publishing company in the world.[25] On November 2, 2021, theUnited States Department of Justice filed a lawsuit (U.S. v. Bertelsmann SE & CO. KGaA, et al.) to block the merger on antitrust grounds,[28] and on October 31, 2022, theD.C. District Court ruled in favor of the Department of Justice, filing a permanent injunction on the merger.[29]
Although newspaper and magazine companies still often own printing presses and binderies, book publishers rarely do.[citation needed] Similarly, the trade usually sells the finished products through adistributor who stores and distributes the publisher's wares for a percentage fee or sells on a sale or return basis.
Some major publishers have entire divisions devoted to a single franchise, e.g., BallantineDel Rey LucasBooks has the exclusive rights toStar Wars in the United States; Random House UK (Bertelsmann)/Century LucasBooks holds the same rights in the United Kingdom. Thevideo game industry self-publishes through BL Publishing/Black Library (Warhammer) and Wizards of the Coast (Dragonlance,Forgotten Realms, etc.). TheBBC has its own publishing division that does very well with long-running series such asDoctor Who. These multimedia works are cross-marketed aggressively, and sales frequently outperform the average stand-alone published work, making them a focus of corporate interest.[30]
The advent of theInternet has provided an alternative mode of book distribution and most mainstream publishers also offer their books in ebook format. Preparing a book for e-book publication is the same as print publication, with only minor variations in the process to account for the different publishing mediums; E-book publication also eliminates some costs like the discount given to retailers (usually around 45 percent).[31]
Small publishers, also called independent or indie publishers,[32] operate on a traditional model (i.e. the author surrenders some rights in exchange for the publisher bearing all costs of publishing), but their precise terms can vary greatly.[33] Often, they do not pay an advance on royalties.
A hybrid publisher shares the costs of publication (and therefore the risks) with the author. Because of this financial risk, they are selective in what they publish. The contract varies according to what is negotiated between author and company, but will always include the surrender of some rights to the publisher.[34] Hybrid publishing is the source of debate in the publishing industry, due to the tendency of vanity presses to masquerade as hybrids.
A vanity press will publish any book. In return, the author must cover all the costs of publication, surrender some rights to the publisher, and pay royalties on sales. Vanity presses often engage in deceptive practices or offer costly, poor-quality services with limited recourse available to the writer. In the US, these practices have been cited by theBetter Business Bureau as unfavorable reports by consumers.[35] Given the bad reputation of vanity publishing, many vanity presses brand themselves as hybrid publishers. The Society of Authors (SoA) and the Writers' Guild of Great Britain (WGGB) have called for reform of the paid-for publishing sector. These unions, representing 14,800 authors, jointly published a report to expose widespread bad practices among companies that charge writers to publish their work while taking away their rights.
When an author self-publishes a book, they retain all rights and assume responsibility for all stages of preparing, publishing and distributing the book. The author may hire professionals on a fee-for-service basis as needed, (e.g. an editor, cover designer, proofreader) or engage a company to provide an integrated package.[36]
Accessible publishing uses the digitization of books to mark them up intoXML and produce multiple formats to sell to customers, often targeting those who experience difficulty reading. Formats include a variety of larger print sizes, specialized print formats fordyslexia,[37] eye tracking problems, andmacular degeneration, as well asBraille,DAISY,audiobooks, ande-books.[38]
Green publishing means adapting the publishing process to minimize environmental impact. One example is the concept of on-demand printing, using digital or print-on-demand technology. This cuts down the need to ship books since they are manufactured close to the customer on a just-in-time basis.[39]
A further development is the growth of online publishing, where no physical books are produced. The author creates an e-book and uploads it to a website, from which anyone can download and read it.
An increasing number of authors are usingniche marketing online to sell more books by engaging with their readers online.[40]
Publication is the distribution of copies orcontent to thepublic.[43][44] TheBerne Convention requires that this can only be done with the consent of the copyright holder, which initially is always the author.[43] In theUniversal Copyright Convention, "publication" is defined in Article VI as "the reproduction in tangible form and the general distribution to the public of copies of a work from which it can be read or otherwise visually perceived."[44]
Privishing (private publishing, but not to be confused withself-publishing) is a modern term for publishing a book but printing so few copies or with such lack of marketing, advertising, or sales support that it effectively does not reach the public.[45] The book, while nominally published, is almost impossible to obtain through normal channels such as bookshops, often cannot be ordered specially, and has a notable lack of support from its publisher, including refusal to reprint the title. A book that is privished may be referred to as "killed." Depending on the motivation, privishing may constitute abreach of contract,censorship,[46] or good business practice (e.g., not printing more books than the publisher believes will sell in a reasonable length of time).
In what is commonly regarded as an independent invention,Johannes Gutenberg developed movable type in Europe around 1450, along with innovations in casting the type based on a matrix andhand mould. The invention of theprinting press gradually made books less expensive to produce and more widely available.
Early printed books, single sheets, and images created before 1501 in Europe are known asincunables orincunabula. "A man born in 1453, the year of thefall of Constantinople, could look back from his fiftieth year on a lifetime in which about eight million books had been printed, more perhaps than all the scribes of Europe had produced sinceConstantine founded his city in A.D. 330."[48]
A U.S.-based study in 2016 that surveyed 34 publishers found that straight, able-bodied, white females overwhelmingly represent the publishing industry in the US.[52]Salon described the situation as a "lack of diversity behind the scenes in book world."[53] A survey in 2020 by the same group found there has been no significant statistical change in the lack of diversity since the 2016 survey.[54] Lack of diversity in the American publishing industry has been an issue for years. Within the industry, the least amount of diversity was in higher-level editorial positions.[55]
According to the reportThe Global Publishing Industry in 2022, published by theWorld Intellectual Property Organization, there is data available for 24 countries about the number of publications done in educational and trade sector:[56]
Total number of titles published by sector, 2022[56]
^Kanter, James (2 December 2008)."Reading Green On Demand". Green blogs, New York Times.Archived from the original on 31 May 2009. Retrieved19 November 2012.
^Clapham, Michael, "Printing" inA History of Technology, Vol 2.From the Renaissance to the Industrial Revolution, eds,. Charles Singeret al. (Oxford 1957), p. 377. Cited fromElizabeth L. Eisenstein,The Printing Press as an Agent of Change (Cambridge University, 1980).
^Raven, James (2020).The Oxford Illustrated History of the Book. Oxford University Press (published 1 September 2020). p. 223.ISBN9780198702986.
Amory, H., & Hall, D. D. (2005).Bibliography and the book trades : studies in the print culture of early New England. University of Pennsylvania Press.
Patten, E., McElligott, J. (Eds). (2014).The perils of print culture: book, print and publishing history in theory and practice. Palgrave Macmillan.
Johns, Adrian. (1998).The Nature of the Book: Print and Knowledge in the Making. University of Chicago Press.
