17.6 C
Brussels
Sunday, November 24, 2024
BooksGerman Sales Drop 14% in the First Half of 2020

German Sales Drop 14% in the First Half of 2020

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Juan Sanchez Gil
Juan Sanchez Gil
Juan Sanchez Gil - at The European Times News - Mostly in the back lines. Reporting on corporate, social and governmental ethics issues in Europe and internationally, with emphasis on fundamental rights. Also giving voice to those not being listened to by the general media.

Book sales were down 13.9% in Germany for the first six months of the year compared with 2019, according to the Börsenverein des Deutschen Buchhandels, the German booksellers association. As of April, the number was even worse—down 21%—but it has since recovered somewhat as German bookstores have largely reopened after a period of lockdown due to the coronavirus.

During the lockdown itself, between March 23 and April 19, in which bookstores had closed in all federal states except Berlin and Saxony-Anhalt, sales were down 65.7% compared to the same period in 2019. In 2019, the German book market saw €9.29 billion in total sales, which was up 1.7% over 2018.

“The pandemic hit the book industry badly economically, but also released a lot of creative energy,” said Karin Schmidt-Friderichs, director of the Börsenverein, citing the launch of new delivery services and online events and the robustness of online stores as assets that have helped the industry through this time. “However, due to the lack of marketing opportunities, many publishers were forced to postpone new publications or to drop them entirely—many of which are titles by unknown authors and niche titles, which is alarming.”

The German government has supported an extensive promotion campaign for books, and the Börsenverein has continued to lobby the government for support, arguing it is necessary to sustain the bookselling ecosystem in light of the ongoing pandemic.

- Advertisement -

More from the author

- EXCLUSIVE CONTENT -spot_img
- Advertisement -
- Advertisement -
- Advertisement -spot_img
- Advertisement -

Must read

Latest articles

- Advertisement -