For Book Publishing in '05, Harry Potter Worked Magic

Submitted by Blake on Sun, 05/21/2006 - 11:14

The NY TImes Reports Harry Potter, books by religious leaders and textbooks for elementary and high school students were the bright spots in publishing last year, according to a report to be released today by the Book Industry Study Group, a publishing trade association.

Publishers generated net revenue of $34.6 billion in 2005, up 5.9 percent from the previous year, according to the report. The industry sold about 3.1 billion books last year, up 3.8 percent from a year earlier.