Book publishers generated a growing portion of their total revenues from the sale of non-print materials in 1999, according to a survey conducted by the U.S. Census Bureau. According to the survey, revenues of multimedia and online materials rose 12.2% in 1999, to $2.43 billion, while sales of printed materials increased 6.5%, to $19.84 billion. Sales of multimedia and online products represented 10.1% of total industry revenues in 1999 compared to 9.6% in 1998. Sales of online materials grew the fastest in 1999, increasing 14.3%, to $1.62 billion, while sales of multimedia products rose 8.4%, to $811 million.
($ in Millions) 1999 | ($ in Millions)1998 | Percent Change 1999/1998 | |
---|---|---|---|
Revenue Total | $24,129 | $22,480 | 7.3% |
Sources of revenue | |||
Revenue from the sale of printed material | 19,840 | 18,622 | 6.5 |
Revenue from the sale of electronic or non-printed material (except audio), total | 2,434 | 2,168 | 12.2 |
Multimedia | 811 | 748 | 8.4 |
Online | 1,623 | 1,420 | 14.3 |
Revenue from the sale of audio books | 198 | 191 | 3.8 |
Revenue from the sale of publication rights | 247 | 235 | 5.2 |
Contract printing | 361 | 428 | -15.7 |
Other revenues | 1,048 | 836 | 25.5 |
Expenses | |||
Purchased printing | 4,104 | 3,908 | 5.0 |
Inventories at end of year | |||
Total | 2,984 | 2,737 | 9.0 |
Finished goods and work-in-process | 2,723 | 2,510 | 8.5 |
Materials, supplies, fuel, etc. | 261 | 227 | 14.6 |
Source: U.S. Census Bureau. |