Books are now enjoying their biggest renaissance since Johannes Gutenberg invented the printing press in the fifteenth century, says the CEO of Penguin Random House, Markus Dohle.
Unlike many other industries now suffering from the fallout of the coronavirus pandemic, the book-publishing industry is still growing, Dohle told Frederick Kempe, president and CEO of the Atlantic Council, in a March 8 Front Page event.
"COVID has only accelerated all these trends: more consumer spending, more physical books, more audience around the world, more kids' books-30 percent [growth] last year in the United States-and, of course, the audiobook is still the format of the hour," Dohle explained.