Reed drops weapons-show sponsorshipLONDON, June 5, 2007 -- Academic journal publisher Reed Elsevier, which has a lucrative sideline sponsoring trade shows, is backing out of one line of exhibits -- its annual bazaar for weapons merchants. Crispin Davis, chief executive, said the company is sensitive to scholars and scientists concern about the company's involvement in "the defense exhibitions business." The company is known mostly for its academic publications, including the medical journal Lancet. In all, the company issues than 2,000 journals and 2,200 books a year. Then there were five shows -- including the Defense Systems & Equipment International Exhibition, which Reed touted as "the world's most prestigious defense exhibition" No more. Reed will be doing only four trade shows a year from now on, none involving arms.
Steady book industry growth projectedNEW YORK, June 2, 2007 -- Book publisher sales will average 3.4 percent compounded annual growth over the coming four years in the United States, reaching $45.2 million, according to the Book Industry Study Group. The biggest growth in genres in which academic authors mostly write, el-hi, will be 4.9 percent 2.8 percent a year compounded annually from 2005, according to the projections. College sales will be up 2.8 percent annually, professional 2.7 percent and university presses 2.2 percent.
Totals:
El-hi
College
Professional
> Business
> Law
> Medical
> Tech/Science
> Humanities
social sciences
University
presses |
|
| 2005
$4.7 billion
4.6 billion
1.7 billion
3.1 billion
1.4 billion
1.3 billion
369 million
513.5 million |
|
| 2011
$6.2 billion
5.3 billion
1.9 billion
3.5 billion
1.7 billion
1.5 billion
435 million
569.6 million |
Using the same 2005 baseline, the Book Industry Study Group projected U.S. publisher sakes to each 45.2 billion by 2001, a 2.6 percent compound annual growth rate.
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