By Edward Nawotka
Austrian publishing consultant Dr. Rüdiger Wischenbart has released his annual listing of the world’s largest publishing companies. It lists all publishing companies worldwide with revenues from publishing (excluding newspapers, magazines, or financial services) of more than €150m or $200 million. The number hits 54, with Pearson coming in at $8.4 billion total revenue for 2011.
By way of comparison, publishers — who are widely seen to be competing head to head with the major tech companies — are facing down Apple ($108 billion in 2011), Amazon ($48.1 billion), Google ($37.9 bn), and Microsoft whose $69.9 bn for the year is just a touch more than the total revenue for all the publishers on Wischenbart’s list, which comes in at $68 bn.
You can read the full listing of the world’s biggest publishing houses in terms of revenue (in dollars) at Publishers Weekly.
One Comment
So !! Total market is $200 bn. Take a breath and think for a moment. Thats 200 thousand milion – in American speak – dollars.
In a market where writers will work for free just to be published. And they say there`s no money in writing!!