Table : TABLE 10.2 WORLD’S TEN LARGEST BOOK PUBLISHERS (REVENUE IN MILLIONS OF DOLLARS), 2014 Data from: “The World’s 56 Largest Book Publishers, 2014,” Publishers Weekly, June 27, 2014, www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/63004-the-world-s-56-largest-book-publishers-2014.html.Note: Cengage emerged from bankruptcy in 2014. It’s ranking is based on 2012 revenue.

Rank/Publishing Company (Group or Division)	Home Country	Revenue in $ Millions
1 Pearson	U.K.	$9,330
2 Reed Elsevier	U.K./NL/U.S.	$7,288
3 Thomson Reuters	U.S.	$5,576
4 Wolters Kluwer	NL	$4,920
5 Penguin Random House (Bertelsmann & Pearson)	Germany/U.K.	$3,664
6 Hachette Livre (Lagardère)	France	$2,851
7 Holtzbrinck	Germany	$2,222
8 Grupo Planeta	Spain	$2,161
9 Cengage (Apax Partners)	U.S./Canada	$1,993
10 McGraw-Hill Education	U.S.	$1,992