Original scientific paper
https://doi.org/10.15291/libellarium.v1i2.310
Business performance of Croatian, US and EU publishing industry
Anita Papić
; Faculty of Humanities and Social Sciences, University of J. J. Strossmayer of Osijek, Osijek Croatia
Domagoj Sajter
orcid.org/0000-0001-5492-3570
; Faculty of Economy, University of J. J. Strossmayer of Osijek, Osijek Croatia
Abstract
The main purpose of this paper is to provide an overview of the financial ‘health’ of the Croatian publishing market in the five-year period (2010-2015) considering the continental (EU) as well as the global context (USA) in regard to phenomenon called ‘cannibalization’. The statistical analysis of losses in revenue incurred on printed books, periodicals and newspapers and gains in revenue acquired on online and other media books, periodicals and newspapers in the US publishing industry in the five-year period (2010-2015) was conducted. The results indicate that the proliferation of alternative types of publishing revenues in the US does not substitute (‘cannibalize’) for the evident decline of revenues incurred from the decrease in sales of printed books, periodicals and newspapers. Accumulated losses from printed items in the five-year period (2010 - 2015) are more than three times larger than the growth in the new sector.
Keywords
Hrčak ID:
300148
URI
Publication date:
1.7.2018.
Visits: 678 *