The Situation Of Printing

In the 20th Century, the American book market grew to be the world’s largest (with over 33% of total books sold) because of superior titles. From Fitzgerald and Hemingway to Kerouac to Tom Peters, publishers produced new titles so compelling that readers had to have them. In the decade of the 2000s, however, more and more books were published (thanks to POD and short-run, digital printing) and quality was negatively impacted. In 2008, over 400,000 new titles were introduced—many of them were not well written or properly vetted. The same hard cover book that sold for $19.95 in 1999 cost $29.95 in 2008, yet the production value and the content were worse than 1999.

When readers rebelled in 2008 and 2009 against paying more for the same or less quality product, publishers were forced to cut costs. Publishers worldwide laid off hundreds of employees and blamed it on the recession.