Quote:
Originally Posted by HarryT
That's probably not actually too bad during a global recession, when many people have less money to spend on luxuries (which is what most book sales are).
|
Hum, in 2006 they had 8.624 billion in sales and 817 million in earning, in 2013 they had 9.262 billion in sales and 1.007 billion in earnings. If that's stagnate, then there are a whole lot of companies out there that would like to be that stagnate. The big five publishers are mature companies. Mature companies rarely show massive growth gains that start ups can show. It's a lot easier to show 100% growth when you are talking figures in the thousands and when you are talking figures in the billions.