In the News

The Changing Economics of the Book Industry

Geoff Riley

27th April 2017

A timely and telling evaluation here of the state of play in the book industry. Retail sales of e-books are declining - the technology has not become as ubiquitous and popular as many assumed. As Diane Coyle observes "it’s always wrong to assume that a new technology will completely replace an old technology, and hard to tell a priori which will settle down to be the majority version in use."

Lots of good context about changing consumer preferences and innovative business models in publishing. Overall, UK publishing had a record breaking year in 2016 with sales up 7% to £4.8 billion.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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