PUBLISHING: The Scholarly Dollar

The U.S. book publishing industry., traditionally a tight little shelf of tweedy pipe-smokers for whom Wall Street was a subway stop and profits a slight source of bemusement, today fairly bustles with talk of mergers, stock splits and diversification. The reason: the boom in textbooks for the burgeoning U.S. school population, which is lifting many a once staid, privately owned publishing house into the heady world of big business. Last week two large, old-line publishers announced mergers aimed at increasing their share of the new textbook market.

¶ Harcourt, Brace & Co.,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!