Norman Lebrecht

Publishing in Crisis?

The recession arrived early in Bloomsbury. No sooner did the pound start rising last summer, than reams of ever-so-carefully tailored book budgets began to come apart at the seams. Most UK publishers must export to survive; when their national currency is overvalued, royalty revenues from abroad diminish and sales of new titles become an increasingly difficult proposition.

Royal Shakespeare Company

Kent State_Grasshopper Pilot

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