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Merchants of Culture
Book

Merchants of Culture

The Publishing Business in the Twenty-First Century

Plume, 2012
First Edition: UK, 2010 more...

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Editorial Rating

7

Qualities

  • Comprehensive
  • Analytical
  • Eye Opening

Recommendation

Book publishers are “merchants of culture” and exert an enormous impact on society. Yet few people know how publishing makes a profit and how social, economic and cultural forces prompt the industry to serve an ever-changing audience. John B. Thompson, a professor of sociology, has compiled a thorough report on the British and US publishing industries. His analysis includes expert interviews and insider perspectives. Since his account is exceedingly detailed, getAbstract recommends Thompson’s insights to devoted readers who want to discover what drives the publishing business now and what will propel it in the future.

Take-Aways

  • Book publishing relies on “economic, human, social, intellectual and symbolic capital.”
  • The publishing industry functions through a fluid chain of essential services provided by authors, agents, editors, publishers, printers and distributors.
  • In 2010, the US publishing industry issued approximately 316,000 new books.

About the Author

John B. Thompson is a professor of sociology at the University of Cambridge and a Fellow of Jesus College, Cambridge. His previous publications include Books in the Digital Age.