The Latest Publishing Industry Market Review, 2008: Covering the Newspaper, Magazine...

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Wed Jul 23, 2008 4:15am EDT

The Latest Publishing Industry Market Review, 2008: Covering the Newspaper, Magazine and Book Industry is Now Available

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/0d1879/publishing_industr)
has announced the addition of the "Publishing Industry Market Review
2008" report to their offering.

   We estimate that the UK publishing market was worth GBP 18.41bn in
2007, having grown by just 0.4% during the year. Three sectors are
examined in this Market Review: newspapers, magazines and books. Each
of these three sectors is dominated by around a dozen companies.
Hardly any companies are involved in more than one sector of the
market, and only Pearson PLC has significant interests in all three
sectors.

   The book-publishing sector is experiencing greater change than any
other sector of the publishing industry. Some of the large publishers
are planning to digitise vast numbers of the books that they have
published in the past (their so-called backlists). They also planning
to launch thousands of e-books in 2008 and 2009, and some publishers
are starting to sell a proportion of their books online. The major
academic publishers are increasingly investing in digitised content
and are printing much less material.

   For newspapers and magazines, the key concerns are maintaining
their advertising revenues and winning new readers. This is especially
crucial for newspapers. The main reason why newspapers have lost so
much ground over the past 20 years is that the adults who grew up
reading a daily newspaper with their cornflakes and toast in the 1930s
and 1940s (and so made reading a newspaper a daily habit) are dying
off, and they are not being replaced. The growth of radio and the
Internet are other factors behind the decline in newspaper sales, as
is the shortage of time for newspaper reading. To survive, newspapers
will have to become as familiar online as they are in print.

   Magazines appear to be in a stronger position, but they too will
have to increase their multimedia activities. This has already begun,
and the process will surely accelerate over the next few years. The
magazine sector will also need to watch its prices. In 2006 or even
2007, cover prices could be increased without a significant loss of
readers, but in 2009 publishers will need to think carefully before
doing this. Our research indicates that the majority of consumers
already believe that magazines are too expensive.

   We forecast that the UK publishing market as a whole will grow by
5.1% between 2007 and 2012. Newspaper revenues are forecast to decline
over the period, while book revenues will show the strongest growth.

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*T
Key Topics Covered:

- Industry Overview
- PEST Analysis
- Key Note Primary Research
- Competitive Structure
- Newspapers
- Magazines
- Books
- A Global Perspective
- The Future

Companies Mentioned:

Archant Ltd
Daily Mail and General Trust PLC
Guardian Media Group PLC
Independent News & Media PLC
Financial Results
Johnston Press PLC
Financial Results
The Midland News Association Ltd
The Conde Nast Publications Ltd
Dennis Publishing Ltd
dmg World Media (UK) Ltd
Egmont UK Ltd
Euromoney Institutional Investor PLC
Future Publishing Ltd
Haymarket Group Ltd
Incisive Media Ltd
Informa PLC
IPC Media Ltd
William Reed Business Media Ltd
DC Thomson & Company Ltd
Bloomsbury Publishing PLC
Cambridge University Press
Hachette Filipacchi (UK) Ltd
HarperCollins Publishers Ltd
Macmillan Publishers Ltd
Oxford University Press
Pearson PLC
The Quarto Group Incorporated
The Random House Group Ltd
Reed Elsevier Group PLC
Thomson Reuters Corporation
Wiley Blackwell
*T

   For more information visit
http://www.researchandmarkets.com/research/0d1879/publishing_industr

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax (USA): 646-607-1907
Fax (International): +353-1-481-1716

Copyright Business Wire 2008
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