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The term 'publishing', used to denote a discrete and stable commercial practice, dates from the first quarter of the nineteenth century. The years of Romanticism saw the English book trade change from a craft to something that might plausibly be called an industry. By the last quarter of the eighteenth century the British book trade had enjoyed a long period of stability. A considerable proportion of the increase in publishing is accounted for by the expansion of commercial novel publishing. Publishing had always been concentrated in London, indeed, it was virtually a metropolitan monopoly until the mid-eighteenth century. As some firms concentrated on publishing, so others saw new opportunities in the old enterprises of retailing and wholesaling. At the end of the eighteenth century the law, practices and constitution of the book trade had already changed profoundly, and its market had expanded enormously. Printing was undergoing its own industrial revolution.
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