Wider Book Trade – Phew, 8 weeks that started the year

This list documents extraordinary activity in the wider Book Trade in a few short weeks;

  • UK book sales fell 3% in 2010, selling £56m less than in 2009
  • NIV Bible eBook tops the USA bestseller list over the New Year
  • 2011 marks the 400th anniversary of the King James Bible
  • Barnes & Noble USA do well over Christmas – thanks to their Nook eReader
  • Physical book sales continue to decline around the world
  • British Bookshops and Stationers go into administration
  • eBook debate intensifies – but with little clarity emerging
  • Digital Book World Conference is held in New York
  • Kindle; the most popular eBook reader – with sales overtaking paperbacks
  • Amazon record their first £10bn sales quarter
  • Waterstones owner HMV; shuts 11 UK stores, cuts HO jobs
  • WH Smith buy 22 British Bookshops and Stationers stores
  • UK Libraries under massive pressure due to imminent spending cuts
  • Borders USA enters Chapter 11 – and is effectively bankrupt
  • REDgroup Australia goes bust – leaving big UK debts
  • Borders Singapore shuts its doors
  • Zondervan loses its President and CEO, Moe Girkins 
  • Gardners launches the HIVE website in the UK
  • STL Distribution UK rebrands as Trust Media Distribution
  • Living Oasis has its ups and downs, causing some uncertainty

Only another 10 months left for this year – don’t hold your breath!

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One thought on “Wider Book Trade – Phew, 8 weeks that started the year

  1. To which we can add the profits warning and 22% fall in share price of HMV on Tuesday 1/3/2011… according the the Wall Street Journal, Waterstones could be sold to a Russian financier to repay some debt.

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