Largest Publishing CompaniesBiggest publishing houses
52 largest book publishers in the world, 2016
While Pearson held its place as the world's largest publishing house in 2015, this does not mean that the British firm has not met its challenge. In the year under review, the firm began an extensive reorganisation, including the disposal of the Financial Times and its holding in Economist. In January 2016, Pearson also stated that it would eliminate approximately 4,000 positions in its education publishing business around the globe to "create a unique truly international production organization".
Those changes were a key contributor in the overall turnover at the firm, which will drop from over $7 billion in 2014 to $6. 6 billion last year. On the one hand, Pearson was not the only publishing house to suffer a drop in turnover between 2014 and 2015. More than half of the companies in the world rankings recorded a drop in turnover last year.
The slowdown in sales in some markets, disrupted by greater use of e-books and other forms of electronic entertainment, and exchange rate movements were among the mainstays. Many publishing houses reacted aggressively to the changing markets, as did Pearson. In 2015, one of the largest transactions was the amalgamation of Holtzbrinck's own Macmillan Science and Educa-tion companies (excluding Macmillan's US university and retail real estate) with Springer Science + Business.
and Holtzbrinck holds a 53% share in the joint venture, which was re-named Springer Nature. It had a major influence on the overall rank. As a result of the transfer of turnover from the vocational and training businesses to the new unit, Holtzbrinck's turnover dropped to 1.2 billion dollars in 2015, with the result that the enterprise dropped from tenth to 19th place in 2014.
In 2015 the new Springer Nature was the fifteenth largest publishing house (Springer Science + Business Media was the twentieth largest in 2014). Mondadori's offer to acquire RCS Libri, the RCS Media group of books, began in Italy in 2015 and was cleared by the Italian State. While the Mondadori administration has compelled the sale of some smaller assets, the acquisition of RCS will stimulate the company's booksales in 2016.
Sales decreased from 410 million dollars in 2014 to 350 million dollars in 2015. In the 2015 league table, Mondadori ranked number 39, two places less than in 2014. Since the 2015 Schedule was drawn up later in the year than earlier worldwide league tables, it contains the revenues of a number of publishing houses operating in a financial year.
HarperCollins is one such enterprise, whose financial year ended on June 30, 2016. Following a big leap in revenues in the 2015 tax year, which HCs acquisition of Harlequin in August 2014 mirrored, its revenues declined slightly in 2016 to $1. 65 billion tax. Nevertheless, the impetus from the acquisition of Harlequin was enough to move HC up to rank 13 in the 2015 rankings, from rank 18 in 2014.
In the 2016 rankings are two other US companies, namely John Wiley and Cholastic. Despite a decline in Wiley's sales in 2016 versus 2015, the company ranked eleventh in 2015. McGraw-Hill Education, the largest US publishing house on the 2015 calendar, is in a process of its own re-positioning.
In 2013, when the Apollo Global Management privatized the firm, the new shareholders split the K-12 operations from the universities/professional/international companies for their own reports, and the K-12 finances were not always inaccessible. However, in 2016, as it prepared for a tender offer, Apollo published a forward-looking announcement covering both companies.
This new application shows that MHE recorded a slight drop in sales in 2015, but remains the 9th largest publishing house in the run. This year, a new enterprise was included in the ranking: China's Zhejiang Publishing United Group came 18th with sales of $1.36 billion in 2015.
Zhejiang increases the number of publishing houses in China that have been added to the rankings to five. China's publishing houses were added to the register from 2014 when they began to produce auditable financial figures. Exchange rate movements had the greatest influence on publishing houses in Brazil. Though Abril Educacao came in 56th with a turnover of 196 million dollars in 2014, Saraiva came54th ('2014 turnover: 199 million dollars), the drastic collapse of the Brasilian reals and serious business difficulties hindered a local publishing company from earning a place in the rankings with the required turnover as well.
With global revenues of more than $4 billion, Penguin Random House was once again the only specialist publishing house in the world's top 10 (Hachette Livre Holding combines retail and education publishers). Top 10 publishing houses are made up of education and specialist publishing houses. De Agostini' 2015 revenues only reflect the sale of parts and complete series.
Please note: The 2015 numbers are calculated on the basis of revenues achieved in the 2015 calender year and, for companies reporting by financial year, on the basis of the 2016 financial year. Businesses must have a turnover of at least $175 million to be consolidated. The information comes from public access resources or from single companies and includes the sale of literature, magazines, specialist information and electronic music.
Both Pannini and Disney are not included in the rankings as they do not provide information separately for their publishing areas. This list was prepared by the publishing advisor Rüdiger Wischenbart under the auspices of Livres Hebdo.