Digital book revenues increased by 5.4% in the United States in June 2024—the format generated 84.8 million dollars. Year-to-date e-book revenues were up 2.8% compared to the first six months of 2023, for $507.3 million. E-book revenue is finally increasing, as it has declined for the past few years.
Digital audiobook sales were up 6.2% in June, reaching $79.7 million in revenue. Physical Audio was down 20.3%, coming in at $800 thousand. Year-to-date Digital Audiobooks were up 19.7%, reaching $503.4 million in revenue. Physical Audio was down 21.4%, coming in at $4.5 million. Audiobook sales in the United States will likely pass e-book sales by the end of the year.
In terms of physical paper format revenues during June, in the Trade (Consumer Books) category, Hardback revenues were up 6.6%, coming in at $212.5 million; Paperbacks were up 0.3%, with $249.3 million in revenue; Mass Market was down 17.5% to $11.7 million; and Special Bindings were up 32.3%, with $15.5 million in revenue.
Year-to-date Trade revenues were up 5.0%, at $4.3 billion for the first six months. Hardback revenues were up 4.3%, coming in at $1.5 billion; Paperbacks were up 3.9%, with $1.5 billion in revenue; Mass Market was down 15.6% to $62.1 million; and Special Bindings were up 5.0%, with $92.1 million in revenue.
Michael Kozlowski is the editor-in-chief at Good e-Reader and has written about audiobooks and e-readers for the past fifteen years. Newspapers and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times have picked up his articles. He Lives in Vancouver, British Columbia, Canada.
