The Associated Press Stylebook (generally called the AP Stylebook), alternatively titled The Associated Press Stylebook and Briefing on Media Law, is a style and usage guide for American English grammar created by American journalists working for or connected with the Associated Press journalism cooperative based in New York City. The Stylebook offers a basic reference to American English grammar, punctuation, and principles of reporting, including many definitions and rules for usage as well as styles for capitalization, abbreviation, spelling, and numerals. The first publicly available edition of the book was published in 1953. The first modern edition was published in August 1977 by Lorenz Press. Afterwards, various paperback editions were published by different publishers including, among others, Turtleback Books, Penguin's Laurel Press, Pearson's Addison-Wesley, and Hachette's Perseus Books and Basic Books. Recent editions are released in several formats, including paperback and flat-lying spiral-bound editions, as well as a digital e-book edition and an online subscription version. Additionally, the AP Stylebook also provides English grammar recommendations through social media, including Twitter, Facebook, Pinterest, and Instagram. From 1977 to 2005, more than two million copies of the AP Stylebook have been sold worldwide, with that number climbing to 2.5 million by 2011. Writers in broadcasting, news, magazine publishing, marketing departments and public relations firms traditionally adopt and apply AP grammar and punctuation styles. The AP Stylebook is organized into sections: Business Guidelines A reference section for reporters covering business and financial news including general knowledge of accounting, bankruptcy, mergers, and international bureaus. For instance, it includes explanations of five different chapters of bankruptcy. Sports Guidelines and Style Includes terminology, statistics, organization rules and guidelines commonly referenced by sports reporters, such as the correct way to spell and use basketball terminology like half-court pass, field goal and goal-tending.