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Unformatted text preview: 1630s. Books are the heart of creating US culture and passing it on to new generations. Books Invented Individuals The Book Industry:- More books are being printed and sold than ever before.- There are around 195,000 new books published each year- Book publishers used to be very diverse- Recently, a lot of consolidation has occurred in publishing houses. - Even so, over 12,000 companies in the U.S. publish books.- Most bookstores are owned by a very small number of companies.- Independent booksellers account for only 10% of all book sales.- Publishers pay bookstores to display their books prominently, near the front of the store.- Authors generally dont make a lot of money (5-15% of the price of the book)- Textbook authors, on average make 11.6% of the price of a book. Other things from the book you should study...
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- Fall '10