Overdrive is the largest digital distributor for audiobooks and ebooks in the public library. The company has just issued a new audiobook report that sheds some light on current trends. It comes as little surprise that Gen Z and Millennials are among the most likely to listen to books on audio, 48% of them regularly … [Read more...] about Overdrive releases new Audiobook report
Audiobook News
74% of Audiobook listeners prefer smartphones
Audiobooks are the fastest growing segment of digital publishing and the United States is the market that drives the vast majority of sales. In 2017 $2.5 billion was spent on audiobooks and every year 46,000 titles are produced and there is around 375,000 in circulation. 54% of American audiobook users being under the … [Read more...] about 74% of Audiobook listeners prefer smartphones
Audible Audiobook Credits now expire after one year
Audible is the largest audiobook subscription platform in the world. You can subscribe on a monthly basis and get one credit per month, or you can pay more to get more credits. If you want to get 12 credits all in one go, you can do that too. One of the big problems with Audible, which they did not advertise, is that … [Read more...] about Audible Audiobook Credits now expire after one year
Audiobook sales increased by 13% in the United Kingdom
Audiobooks are the fastest growing segment in digital publishing and customers in the UK have been embracing the format. In 2018 audiobook sales increased by 13% and and up 87% since 2014, according to Nielsen BookScan.Audiobooks now account for 5% of all book purchases and have doubled their share of fiction … [Read more...] about Audiobook sales increased by 13% in the United Kingdom
eBook sales decline by 4.9% in January 2019
Downloaded audio remains the format with the highest percent revenue growth in all of publishing with a 36.1% in January 2019. Meanwhile ebooks continue to decline from prior years, down 4.9% from the same period in 2018.The Association of American Publishers has just proclaimed that in January 2019, publisher … [Read more...] about eBook sales decline by 4.9% in January 2019
Audioteka is bringing audiobooks to Turkey
Audioteka launched last year in Turkey and the company is trying to bring audiobooks into the mainstream. They have agreements with 20 local publishing houses and have a library of two thousand titles and they have partnerships with n11.com, Cafe Nero and Samsung.Audioteka Founder and CEO Marcin Beme said that … [Read more...] about Audioteka is bringing audiobooks to Turkey
Audible launches audiobook portal that is aimed at Latinos
Audible has just launched Audible Latino, an integrated, multicultural destination for U.S. Hispanic customers to access a robust content catalog of Spanish-language and culturally relevant English-language spoken word content. In order to draw attention to the new portal, the company has just attained the entire Harry … [Read more...] about Audible launches audiobook portal that is aimed at Latinos
Audiobook increased by 37.1% and ebooks declined by 3.6% in 2018
Since 2013, downloaded audio has been the trade book format with the greatest percent growth. In 2018 it grew by 37.1%, adding $127.1 million in revenue compared to 2017. eBooks declined slightly during the same period by 3.6% and generated over $1 billion dollars.Revenue for trade book publishers was $7.49 billion … [Read more...] about Audiobook increased by 37.1% and ebooks declined by 3.6% in 2018
Google Play is discounting audiobooks and ebooks for Valentine’s Day
Google Play runs discounts on audiobooks and ebooks for every major holiday and Valentine’s Day is no different. They are offering hundreds of ebooks for $5 including Only with You by Lauren Layne, Ttyl by Lauren Myracle and The Bet by Rachel Van Dyken. Audiobooks can be purchased for $10 or less and feature titles … [Read more...] about Google Play is discounting audiobooks and ebooks for Valentine’s Day
Hachette Proclaims eBooks account for 7.9% of their revenue in 2018
Hachette has just disclosed their yearly financial results and report reported that total sales in its publishing group fell 1.6% in 2018 compared to 2017, dropping to €2.52 billion. On the digital side of things the publisher stated that ebooks accounted for 7.9% of 2018 their publishing revenue, up from 7.1% in 2017. … [Read more...] about Hachette Proclaims eBooks account for 7.9% of their revenue in 2018
Playster releases new statement on staff layoffs
Playster fired the vast majority of their employees a couple of weeks ago and management told them to keep it a secret. The company has just released a statement letting everyone know the service is not closing down anytime soon, but will be investing in AI.Playster has told Good e-Reader that "In order to stay … [Read more...] about Playster releases new statement on staff layoffs
HarperCollins is experiencing massive audiobooks gains
HarperCollins is one of the largest publishers in the world and they have been experiencing huge gains in the digital audiobook space. In a statement, Robert Thomson, CEO of HC parent company News Corp, said in the last three months of 2018 the sales of digital audio jumped 58% over the same period last year and the … [Read more...] about HarperCollins is experiencing massive audiobooks gains
