http://www.publishersweekly.com/pw/by-topic/international/international-book-news/article/71268-the-world-s-52-largest-book-publishers-2016.html
"Pearson maintained its place as the world’s largest book publisher in
2015, but that doesn’t mean the U.K.-based company didn’t face its share
of challenges.... The five largest publishers in 2014 retained their positions in 2015 on the Livres Hebdo/Publishers Weekly
ranking, but that stability masked some notable shifts that took place
among the global giants. For one thing, Pearson was not the only
publisher that saw revenue fall between 2014 and 2015. In fact, more
than half of the companies on the global ranking had a decline in sales
last year. Among the factors for the revenue drop were weak economies in
some countries, disruptions caused by the increased use of e-books and
other digital content, and currency fluctuations."
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