Seven out of Ten Major Publishers’ Revenues Have Declined

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~ Market Continues to Shrink Amid the Rise of Digital Books and Loss of Magazine Readers ~

The publishing market in Japan continues to shrink. The environment has been difficult for books and magazines alike, but particularly the environment surrounding magazines is worsening. Consequently, the circulation numbers and advertising revenues are deteriorating significantly. One after another, recognized magazines have been forced to ceased publication.

Teikoku Databank (TDB) extracted…read more.

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