Skip to main content

Publishing in Hard Times


The former head of Pearson Education, McGraw-Hill Book Publishing, and Harcourt Brace Jovanovich presents an assessment of the state of publishing during this recession. The paper analyses actions taken by publishers in previous downturns, recommends approaches to dealing with recessions that maintain long-term health of the business. Recessions can mask more profound problems, such as happened in the newspaper industry and as is occurring in trade publishing. The paper also analyzes outlook for college and school publishing.

This is a preview of subscription content, access via your institution.

Author information

Authors and Affiliations


Corresponding author

Correspondence to Peter Jovanovich.

Rights and permissions

Reprints and Permissions

About this article

Cite this article

Jovanovich, P. Publishing in Hard Times. Pub Res Q 25, 67–72 (2009).

Download citation

  • Published:

  • Issue Date:

  • DOI:


  • Publishers
  • Book publishing
  • School publishing
  • College publishing
  • Trade publishing
  • Newspapers
  • Encyclopedias
  • Wikipedia
  • Internet publishing
  • Test publishing
  • Authors advances
  • Lay offs
  • Salary freeze
  • McGraw-Hill
  • Harcourt Brace Jovanovich
  • Macmillan
  • Pearson Education
  • William Jovanovich
  • Arne Duncan
  • K-12 Baroque