Thomas Nelson has let go some 10% of its work force, about 60 people, and plans to publish just half of the number of titles it published last year–350 instead of 700–according to the Tennessean .
The Tennessean added: “Publishers of Christian and general interest books are reducing their number of titles as sales are being more concentrated in fewer, best-selling books, industry observers said. There is also more competition for shelf space as some retailers reduce the number of books in stores to counter a spike in sales online and elsewhere.
hmmm
If only there was some way of appealing to a higher power to intercede on their behalf. Some kind of communication that would solve the problems of the faithful.
I’m stumped.
Reduction in Christian publishing
“The cutback in titles comes after publishers increased by 46.26 percent their output of religious titles in the four years through 2006 in response to increased sales of such books. ”
That explains a lot. Even their most loyal, indiscriminate readers are going to have a backlog by now.
At one point a couple of
At one point a couple of years ago I was going to invest a couple thousand dollars in Thomas Nelson stock. I’m glad I waited.