Wednesday morning, the Frankfurt Book Fair opened its gates to the first of an estimated 280,000 visitors this year in Frankfurt am Main, Germany. 
The Frankfurt Book Fair is the biggest book fair in the world. It also organises the participation of German publishers at more than 25 international book fairs and is the co-founder of the Cape Town Book Fair in South Africa. It maintains the most visited website worldwide for the publishing industry.
The German Publishers & Booksellers Association, which runs the Frankfurt Book Fair, says that the book market is thriving. It declared on Tuesday that the high number of exhibitors and the record numbers of 7,448 exhibitors from over 100 countries, showing 391,652 books, including 121,267 new books of this year, proves that the book market is thriving.
Publishing houses have long since expanded into non-traditional markets. TV and merchandising rights have long played a role, but have become more and more important for larger projects. Two other media forms have also become more standard elements of the value chain. E-books and audiobooks are both big topics of this year's Book Fair.
The various awards handed out during and around the fair show the variety and scope of media and interests represented at the Frankfurt Book Fair:
Prizes still open include the German Young Literature Award on Friday and the Fantasy Final of the first German Cosplay Masters at the comic-centre of the book fair.

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2007 Frankfurt International Book Fair opens