Decline in reading ‘main’ threat to EU book trade as turnover down 30%, FEP warns
The Federation of European Publishers points to a 30% drop in turnover as the headline damage so far

Here's the thing worth sitting with: FEP isn't blaming AI, piracy, or Amazon first. It's blaming fewer people reading at all. A 30% turnover decline is a real number, but what matters this week is what it names as the cause — because if the diagnosis is right, the fixes everyone's been fighting over might not touch the actual problem.
Why it matters to you: If reading itself is declining, that's a demand problem no contract clause or settlement check can fix.
This story ran in the Coral Wire edition of Sat, Oct 10 2026, when the Coral Index stood at 50/100 (Mixed signals).
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Also in this edition
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