Rare Book Monthly

Articles - November - 2008 Issue

<i>In The News:</i> Declining Newspapers, Digitizing Books, Abe's Top 10

These are tough times for newspapers.

These are tough times for newspapers.


By Michael Stillman

There was more bad news for the printed word, at least in newspaper form, in reports for the past six months recently released by the Audit Bureau of Circulations. The ABC officially monitors the circulation of newspapers, and they reported a decline of 4.64% in circulation for the April-September period of 2008 compared to last year. Newspaper circulation has been declining for years, but recently the rate of decline has been accelerating. Last year's decline for the same period was 2.6%.

Declines were found across the board. Only two of the top 25 newspapers in the U.S., national publications USA Today and the Wall Street Journal, managed to avoid the trend, each with miniscule increases that amounted to holding steady. The New York Times lost 3.6% of its weekday circulation, but rivals the Daily News and Post saw even greater declines. Sunday editions saw similar decreases. The major newspaper in Boston, Atlanta, Houston and some other markets saw double-digit declines. A few newspapers did see their circulation increase, though these were mostly in smaller markets, often ones with growing populations.

For newspapers, circulation decreases can initiate a downward spiral. Advertising rates are based on circulation numbers, so rates come down, even as competition for advertising revenue (particularly from the internet) increases. Newspapers frequently respond by laying off staff (the Los Angeles Times recently announced layoffs), but this reduces the quality of the newspaper, which can lead to further deterioration of circulation. Add to all of this the growing recession and it is easy to see the magnitude of issues newspaper publishers face today. Newspapers have made up some revenue from websites, but this has generally been small compared to the losses.

How does all of this apply to books? The answer is not clear. Competition for book readers also comes from the internet and electronic reading devices. However, newspapers are more reliant on timeliness than books. Most stories in today's newspaper can be read on the internet yesterday evening. The situation for books may not be so dire, but the world is changing, and everyone associated with the book trade needs to prepare for a rapidly evolving future.

PALINET, a consortium of libraries, museums, and other institutions, recently announced a digitization program for selected items in their members' collections. Fourteen members will be participating in the pilot run, including the Universities of Maryland, West Virginia, and Pittsburgh, Penn State, Villanova, Lancaster County Historical Society, Independence Seaport Museum and others. If all goes well, some 60,000 books will be digitized and posted on the internet, with free access provided to all. This is certainly not the first such project, the largest one being Google's Book Search, but the PALINET project will focus on local and regional resources that may not be found elsewhere.

Rare Book Monthly

  • Bonhams, Dec. 8-18: Autograph Letter Signed ("Martinus Luther") to His Friend the Theologian Gerhard Wiskamp ("Gerardo Xantho Lampadario"). $100,000 - $150,000.
    Bonhams, Dec. 8-18: An Exceptionally Fine Copy of Austenís Emma: A Novel in Three Volumes. $40,000 - $60,000.
    Bonhams, Dec. 8-18: Presentation Copy of Ernest Hemmingwayís A Farewell to Arms for Edward Titus of the Black Mankin Press. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Autograph Manuscript Signed Integrally for "The Songs of Pooh," by Alan Alexander. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Autograph Manuscript of "Three Fragments from Gˆtterd‰mmerung" by Richard Wagner. $30,000 - $50,000.
    Bonhams, Dec. 8-18: Original Preliminary Artwork, for the First Edition of Snow Crash. $20,000 - $30,000.
    Bonhams, Dec. 8-18: Autograph Letter Signed ("T.R. Malthus") to Economist Nassau Senior on Wealth, Labor and Adam Smith. $20,000 - $30,000.
    Bonhams, Dec. 8-18: History of the Peloponnesian War by Thucydides Finely Bound by Michael Wilcox. $20,000 - $30,000.
    Bonhams, Dec. 8-18: First Edition of Lewis and Clark: Travels to the Source of the Missouri River and Across the American Continent to the Pacific Ocean. $8,000 - $12,000.
    Bonhams, Dec. 8-18: Original Artwork for the First Edition of Neal Stephenson's Groundbreaking Novel Snow Crash. $100,000 - $150,000.
    Bonhams, Dec. 8-18: A Complete Set Signed Deluxe Editions of King's The Dark Tower Series by Stephen King. $8,000 - $12,000.
    Bonhams, Dec. 8-18: Autograph Letter Signed ("John Adams") to James Le Ray de Chaumont During the Crucial Years of the Revolutionary War. $8,000 - $12,000.
  • Sotheby’s
    Book Week
    December 9-17, 2025
    Sotheby’s, Dec. 11: Darwin and Wallace. On the Tendency of Species to form Varieties..., [in:] Journal of the Proceedings of the Linnean Society, Vol. III, No. 9., 1858, Darwin announces the theory of natural selection. £100,000 to £150,000.
    Sotheby’s, Dec. 11: J.K. Rowling. Harry Potter and the Philosopher's Stone, 1997, first edition, hardback issue, inscribed by the author pre-publication. £100,000 to £150,000.
    Sotheby’s, Dec. 11: Wolfgang Amadeus Mozart. Autograph sketchleaf including a probable draft for the E flat Piano Quartet, K.493, 1786. £150,000 to £200,000.
    Sotheby’s, Dec. 12: Hooke, Robert. Micrographia: or some Physiological Descriptions of Minute Bodies made by Magnifying Glasses. London: James Allestry for the Royal Society, 1667. $12,000 to $15,000.
    Sotheby’s, Dec. 12: Chappuzeau, Samuel. The history of jewels, first edition in English. London: T.N. for Hobart Kemp, 1671. $12,000 to $18,000.
    Sotheby’s, Dec. 12: Sowerby, James. Exotic Mineralogy, containing his most realistic mineral depictions, London: Benjamin Meredith, 1811, Arding and Merrett, 1817. $5,000 to $7,000.
  • Heritage Auctions
    Rare Books Signature Auction
    December 15, 2025
    Heritage, Dec. 15: John Donne. Poems, By J. D. With Elegies on the Author's Death. London: M[iles]. F[lesher]. for John Marriot, 1633.
    Heritage, Dec. 15: Edgar Rice Burroughs. Tarzan of the Apes.
    Heritage, Dec. 15: F. Scott Fitzgerald. Tender is the Night. A Romance.
    Heritage, Dec. 15: Bram Stoker. Dracula. Westminster: Archibald Constable & Co., 1897.
    Heritage, Dec. 15: Jerry Thomas. How to Mix Drinks, or the Bon-Vivant's Companion, Containing Clear and Reliable Directions for Mixing All the Beverages Used in the United States…
  • Rare Book Hub is now mobile-friendly!

Article Search

Archived Articles