Monday Studio B Buzz Highlights


Zzzzzzzz... Yo, it\'s Monday, and today\'s highlights include an expected increase in book sales, what the California energy crisis is doing to bookstores, and selling used books for fun and profit (mostly profit). Get thee the buzz! Or at least the highlights.... * 5% Increase in book sales expected in 2000 August 28, 2000. According to the Book Industry Study Group Trends 2000, book sales are expected to be $24.71 billion in 2000, that\'s an increase of 5.2% percent over last year. Thanks to Harry Potter, the greatest increase is predicted for children\'s books. The college segment will account for the second highest increase with $3.38 billion, or 8.1%. By 2004, the BISG expects that
annual book sales will be more than $30 billion.

* Energy crisis in San Diego August 25, 2000. Deregulation of the California\'s electric utilities has left booksellers in the San Diego area feeling burned and trying to find ways to cope with energy bills as much as three times higher than
last year. Some are reducing lighting and computer usage,
while others are actually closing additional days.

* $670,000 raised by selling used books
Contra Costa Times: August 26, 2000.
Nonprofit groups have discovered the value of used books to raise money. Goodwill Industries raised $670,000 in 1999 by selling second-hand books. One library group is also selling on the Internet, \"I just sold a Paul Theroux to a doctor in Japan. He paid seventeen bucks plus freight for a book we would have sold on the table for fifty cents.\"

Subscribe to Comments for "Monday Studio B Buzz Highlights"