Recently I’ve been doing some research on the size and scope of the UK book and journal publishing industry, based on data from Companies House. This research is a preparatory step towards building a database of companies, highly relevant for my work as an independent consultant and as policy advisor for the Independent Publishers Guild, which represents over 600 book and journal publishers of all sizes. The other trade body, the Publishers Association lists 168 members at the time of writing, particularly larger, corporate publishers—though there is some overlap between the two organisations’ memberships. The UK publishing sector is world leading, representing over £7 billion of revenue, and it represents the bulk of my client base. So it’s worth understanding.

I don’t use TikTok, but it has been hard to escape its impact on the publishing industry, where I spent the first part of my career. Nielsen research suggests that one in four UK book buyers used TikTok in 2022, accounting for 90 million purchases. As a collective phenomenon, BookTok was awarded the person of the year award at last year’s Futurebook conference. In the meantime, there’s little doubt that the platform has a huge impact on commissioning, marketing and selling books, and that publishers are investing time and money to make the most of that. As a proxy for the level of interest, a search on the Bookseller magazine’s website this morning showed eighty nine search results for ‘TikTok’ for stories published in the first quarter of the year, versus four results for ‘GPT’. (Long term, I know which one I would bet on being most significant and transformative, but that’s another story.)

This piece was commissioned by James McConnachie and first published in the Autumn 2021 issue of The Author, the journal of the Society of Authors. It is reprinted with their permission.