Springer Nature, a publisher of academic and scientific titles, was the most successful German publishing house in terms of revenue, generating 576.4 million euros in 2018. Haufe and the Klett Gruppe followed. Springer Nature is among the leading book publishers worldwide in terms of revenue.
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The publishing industry as such covers both books and print media, as well as e-books and e-media. Thus, the market is extremely voluminous and constantly facing various challenges connected to ongoing digitalization and changing media consumption habits, as well as approaches to reading and information. Among German book publishing houses, Random House scored the highest number of bestsellers in 2019, closely followed by Holtzbrinck.
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As far as printed books are concerned, book market revenue is predicted to fall in the 2020s, while e-book revenue is expected to rise. Similar predictions were made about magazines and newspapers. It remains to be seen whether the German publishing industry will be judged by its cover.
Ranking of leading publishing companies based on their revenue in Germany in 2018
(in million euros)
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buchreport. (April 3, 2019). Ranking of leading publishing companies based on their revenue in Germany in 2018 (in million euros) [Graph]. In Statista. Retrieved February 17, 2020, from https://www.statista.com/statistics/382908/leading-publishers-germany/
buchreport. "Ranking of leading publishing companies based on their revenue in Germany in 2018 (in million euros)." Chart. April 3, 2019. Statista. Accessed February 17, 2020. https://www.statista.com/statistics/382908/leading-publishers-germany/
buchreport. (2019). Ranking of leading publishing companies based on their revenue in Germany in 2018 (in million euros). Statista. Statista Inc.. Accessed: February 17, 2020. https://www.statista.com/statistics/382908/leading-publishers-germany/
buchreport. "Ranking of Leading Publishing Companies Based on Their Revenue in Germany in 2018 (in Million Euros)." Statista, Statista Inc., 3 Apr 2019, https://www.statista.com/statistics/382908/leading-publishers-germany/
buchreport, Ranking of leading publishing companies based on their revenue in Germany in 2018 (in million euros) Statista, https://www.statista.com/statistics/382908/leading-publishers-germany/ (last visited February 17, 2020)
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