Last night was “The State of the UK Publishing Industry”. Held at the Institute of Contemporary Arts in London, the event that incorporated the Annual General Meeting and launch of the PA’s annual statistics yearbook. Jane Tappuni and Alex Hippisley-Cox were among those in attendance.
PA AGM: What did we learn?
Well we learnt that it’s pretty rosy out there with some very positive results to share:
The Year in Publishing
– Total income from physical and digital books and journals are up by 7% £4.8bn.
– Total Journal income is up by 10% to £1.2bn.
– Physical Books are up 6%, and the digital books are down 3%; the total income is £3.5bn.
– Export Sales of Physical and Digital school books are up 11% to £144m.
– Export Sales of Physical and Digital Books up by 6%.
– Children’s Books up by 16% to £365m.
Stephen Barr is the outgoing president and he welcomed Lis Tribe as the incoming President and Charlie Redmayne as the Vice President.
Lis Tribe laid out the key priorities for the year including:
– Brexit and making sure our industry is put at the top of the government’s agenda.
– Pushing to drop VAT on books.
– An emphasis on education.
– Keeping the pressure up on copyright.
All in all a very buoyant affair with a positive feel throughout.
Tim Shipman, the Political Editor of the Sunday Times, was the guest speaker on the night. Apart from sharing some insider gossip from the ‘corridors of power’, he also told us that The Times/Sunday Times now has over 4,000 paying subscribers, and is making a profit from them. Contrary to the Mail Online, which is not, despite their millions of viewers. Maybe there is hope for quality newspapers surviving the digital onslaught after all?
Jane Tappuni is head of Business Development at IPR
Alex Hippisley-Cox is the PR & Communications Director