Big publishing is shrinking (as small publishers take over)

thAccording to Publishing Perspectives coverage of a recent BEA talk given by Kempton Mooney, Nielsen Book Senior Director of Research and Analytics, the market share of Big Five publishers has declined yearly since 2012, when it controlled 46% of the market. In 2015, Big Publishing’s share had fallen by 12% to 34%. Meanwhile, the share of self-published books has risen by 7%, from 5% to 12%. And, for the first time, the combined share of self-published books and books by “very small publishers” (42%) is now larger than the total market share of Big Publishing (34%). Read more