Industries in the Publishing Industries (except Internet) subsector group establishments engaged in the publishing of newspapers, magazines, other periodicals, and books, as well as directory and mailing list and software publishing. In general, these establishments, which are known as publishers, issue copies of works for which they usually possess copyright. Works may be in one or more formats including traditional print form, CD-ROM, or proprietary electronic networks. Publishers may publish works originally created by others for which they have obtained the rights and/or works that they have created in-house. Software publishing is included here because the activity, creation of a copyrighted product and bringing it to market, is equivalent to the creation process for other types of intellectual products.
In NAICS, publishing the reporting, writing, editing, and other processes that are required to create an edition of a newspaper is treated as a major economic activity in its own right, rather than as a subsidiary activity to a manufacturing activity, printing. Thus, publishing is classified in the Information sector; whereas, printing remains in the NAICS Manufacturing sector. In part, the NAICS classification reflects the fact that publishing increasingly takes place in establishments that are physically separate from the associated printing establishments. More crucially, the NAICS classification of book and newspaper publishing is intended to portray their roles in a modern economy, in which they do not resemble manufacturing activities.
Music publishers are not included in the Publishing Industries (except Internet) subsector, but are included in the Motion Picture and Sound Recording Industries subsector. Reproduction of prepackaged software is treated in NAICS as a manufacturing activity; on-line distribution of software products is in the Information sector, and custom design of software to client specifications is included in the Professional, Scientific, and Technical Services sector. These distinctions arise because of the different ways that software is created, reproduced, and distributed.
The Publishing Industries (except Internet) subsector does not include establishments that publish exclusively on the Internet. Establishments publishing exclusively on the Internet are included in Subsector 516, Internet Publishing and Broadcasting. The Publishing Industries (except Internet) subsector also excludes products, such as manifold business forms. Information is not the essential component of these items. Establishments producing these items are included in Subsector 323, Printing and Related Support Activities.
The Publishing Industries (except Internet), categorized under NAICS 511, are experiencing significant qualitative trends. One notable trend is the increasing emphasis on digital transformation. Publishers are investing in digital platforms and e-books to cater to the growing demand for digital content. Enhanced e-book features, like interactive content and multimedia, are becoming more prevalent.
Another trend is the rise of audiobooks, driven by the convenience they offer. Publishers are expanding their audiobook catalogs, and collaborations with popular authors for exclusive audio content are growing. Sustainability is also a priority, with companies adopting eco-friendly practices, such as using recycled paper and soy-based inks.
In terms of forecasts, the industry is expected to continue its shift towards digital offerings, with e-books and audiobooks projected to capture a larger market share. Print media, while still relevant, will likely see a gradual decline. Mergers and acquisitions may increase as publishers seek to consolidate resources and expand their digital capabilities. Overall, the industry will likely see a blend of traditional and digital formats coexisting, with a stronger focus on personalized and immersive content experiences.
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