The Phoenix Group, with headquarters in the city of Nanjing in East China’s Jiangsu province, is in 6th place among of the World’s Top 50 Publishing Companies in 2015.

The Global Ranking of the Publishing Industry 2015 has been released today, June 26, 2015.

An initiative by Livres Hebdo, this annual snapshot of the global book business has been updated every year since 2007, and is co-published by Bookdao, China, The Bookseller, UK, Buchreport, Germany, Publishers Weekly, USA, and PublishNews Brazil. It has been researched by RüdigerWischenbart Content and Consulting.

This ranking lists 57 book publishing corporations worldwide, with revenues each of over 150m€ (or 200 mUS$), since 2007.

With combined sales worth 53,328 m€, this Ranking portrays global book publishing in its transformation through digital, globalization and consolidation.

The 2015 edition highlights China's forceful entrance onto the world stage, with now 4 publishing groups listed, of which two are among the top 10.

The survey also allows to track recent mergers & acquisitions, as well as the performance of key segments of the industry, such as scientific and professional (STM), educational or general consumer (trade) publishing.

Led by the French magazine Book Weekly, the ranking was developed by the Austrian publishing consultant Rüdiger Wischenbart to illustrate the global publishing industry. Every year, Wischenbart collects the data on publishing companies with revenues over €150 million ($200 million ), and analyses them on his personal website.

A summary of the 2015 findings (which are mostly based on 2014 financial results) can be downloaded from the bottom of this article.

The Global Ranking of the Publishing Industry 2015