August 19th, 2019
Last week the U.S. Census Bureau reported that U.S. bookstore sales dropped 5.1% in the first six months of 2019. I filed the report away — as I always do with industry sales reports — with the thought “up a little here, down a little there….” While a 5% shift is, by most measures, more than…
May 15th, 2019
Everybody knows Kickstarter. Not everyone knows that Kickstarter is a major player in publishing, both for book-like objects and for journalism.
April 2nd, 2019
In this third post of a three-part series, I’ll focus directly on the book publishing industry and how the next recession could be felt. I hope that an analysis of the impact of past recessions might arm us for the next.
January 28th, 2019
There’s a challenge in assessing the impact of economic events on the publishing and entertainment industries over the last several decades. On the one hand these are largely hits-driven businesses. For the movie industry, a new superheroes franchise winner can counteract a downward trend in overall admissions (and popcorn) spending.
December 16th, 2018
The upside of predicting a downturn in the economy is that eventually you’ll be right. The downside is that while the party’s still in full swing you’re just the grouchy guy in the corner, scowling at the other guests.