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The Cost of Used Books Plummets as Availability Swells

New York Times – A Penny for Your Books By Dan Nosowitzoct, October 26, 2015: “…in recent years, my bookshelves have swelled. Old John le Carré and Donald E. Westlake and Lawrence Block titles are easier than ever to find online, along with pretty much every other book published in the last century. They’re all on Amazon, priced incredibly low, and sold by third-party booksellers nobody has ever heard of…In 2014, publishers sold just over 2.7 billion books domestically, for a total net revenue of just under $28 billion, a larger profit than in the preceding two years, according to the Association of American Publishers. There were just over 300,000 new titles (including re-releases) published in the United States in 2013. The book industry may not be as strong as it once was, but it’s still enormous, and generates a considerable amount of surplus product each year.”

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