Down but not out.

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    • Abstract:
      The article discusses the financial performance of publishers and the book trade in general in 2008. The authors note that a decline in book sales from the previous year is due to sales of the "Harry Potter" book series and comment that the market shares for the publishing market leaders remained the same. The performance of the publishing firms Hachette UK, Random House, Pan Macmillan and Bloomsbury during the economic crisis is discussed.