The total annual sales revenue of book publishers of the EU and the EEA in 2008 was approximately €23.75 billion, according to the survey (PDF) conducted by FEP (Federation of European Publishers); this represents a decrease from the last estimate of €24.5 billion for 2007, but in very large part such decrease was only nominal, due to changes in exchange rates. The largest markets in terms of publishers’ turnover in 2008 were Germany, followed by the UK, France, Spain and Italy. A total of about 510,000 new titles were issued by publishers in 2008, an increase of an estimated 4%. The countries reporting the largest new titles output were the UK (120,947), Germany (83,381), Spain (42,592), France (38,354) and Italy (36,409). According to the report, a total of approximately 135,000 people were employed full time in book publishing in 2008, an amount slightly lower than one year earlier.
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