Publishing revenue in the United States generated 29.9 billion dollars in 2023 for books, course materials, audiobooks, and ebooks. This is a minor 0.8% decline compared to the final stated numbers for 2022. However, it is a 6.1% increase over the pre-pandemic figure of $28.2 billion in 2019. In the industry overall, digital formats accounted for 16% of all revenue for 2023, … [Read more...] about US Publishing Revenue Generated $29.9 Billion for 2023
audiobook sales
E-book revenues were up 2.2% in May 2024
Digital book sales in the United States grew for the second time in 2024. This is good news, as more people buy digital content on their e-readers, smartphones, and tablets. E-book revenues were up 2.2% compared to May 2023, generating $84.4 million. Year-to-date e-book revenues were up 2.3% compared to the first five months of 2023, for $422.5 million. Audiobooks are the … [Read more...] about E-book revenues were up 2.2% in May 2024
US Audiobook Sales surpassed $2 billion in 2023
Audiobooks are quickly becoming more mainstream, and more than half of the population in the United States have listened to at least one. Audiobook revenue grew 9% in 2023 to $2 billion, continuing the year-on-year growth trend according to the Audio Publishers Association’s Sales Survey conducted by Toluna Harris Interactive. However, piracy is becoming a real problem for the … [Read more...] about US Audiobook Sales surpassed $2 billion in 2023
ebook sales soared 16.8% in April 2024
For the first time this year, digital book sales increased in the United States by 16.8% in April. The format generated $83.1 million in sales. Digital Audiobook sales were up 54.6%, reaching $100.0 million in revenue. Physical Audio was down 15.0%, coming in at $800 thousand. Looking at the overall trend, e-book revenues for the year-to-date period were up by a modest 2.3% … [Read more...] about ebook sales soared 16.8% in April 2024
Growth in Audiobook Sales for 11th Year Straight: Here’s What the APA Report Says
The US has witnessed a growth of 10% in its overall revenue in the audiobook market. The reports sourced from the United States-based Audio Publishers Association claim that the values grew to US$1.8 billion in 2022. The numbers were issued on Thursday, June 1, 2023. Rising Trend of Audiobooks As per the latest data from Edison Research, audiobooks are becoming more and more … [Read more...] about Growth in Audiobook Sales for 11th Year Straight: Here’s What the APA Report Says
Audiobook sales plummet in the UK amid rising cost of living concerns
Audiobook sales in the UK have been found to have slowed down a bit in the first half of 2022, BooksAndPublishing reported citing a Nielsen BookData report. According to the report titled Understanding the UK Audiobook Consumer that Nielsen conducted with inputs from 2000 adults, it concluded that audiobook sales in the UK would stabilize to around 27 million units in 2022, … [Read more...] about Audiobook sales plummet in the UK amid rising cost of living concerns
Audiobooks are booming in the United Kingdom
In the United Kingdom audiobooks are on the rise. New Research by Harris Interactive found that in 2019 15% of Brits listened to an audiobook, while print remains the most dominant force with 77% of the population have read one in the past year. In 2019 audiobook sales increased by 43% and generated £69 million. The average audiobook users are affluent men, aged between 18 … [Read more...] about Audiobooks are booming in the United Kingdom
September was a great month for audiobooks, ebooks and print sales
This past September was a great month for books. Overall publisher revenue for the month was $1.54 billion, an increase of 8.4% as compared to September of 2018. Total sales in 2019 so far were $11.4 billion, an increase of 4.0% over the same period last year. Paper formats once again dominated Trade, accounting for $588.1 million, or 75.2% of the category’s $782.2 million … [Read more...] about September was a great month for audiobooks, ebooks and print sales
US ebook sales are $493 million this year
In the first six months of the year, ebook revenue generated $493 million dollars for American publishers. This was a small decline of 3.8% as compared to the same period in 2018. It looks like the ebook industry has stabilized. Digital audiobook sales was up 33.8%, reaching $279 million while physical audio declined by 18.0%, coming in at $17 million. Downloaded audio was … [Read more...] about US ebook sales are $493 million this year
Hachette says Audiobooks account for 3.4% and ebooks 8.2% of their revenue
Hachette stated during their recent earnings report, that in the first six months of 2019, ebooks accounted for 8.2% of their total revenue, this is bit of a fall from the 8.4% in the same period of 2018. Meanwhile audiobooks accounted for a respectable 3.4%, a huge jump from 2.5% a year prior. The publisher worldwide generated $1.3 billion dollars in sales for the first … [Read more...] about Hachette says Audiobooks account for 3.4% and ebooks 8.2% of their revenue
Publishers experience a 24% increase in audiobook sales
Major publishers have reported that their total sales from audiobooks have increased by over 24.5% in 2018. Overall sales were $940 million dollars and 91% of this figure was from digital audiobooks. Over 44,685 individual audiobook titles were produced last year, up 5.8% from 2017. This is the seventh year in a row that audiobook sales have been increasing and the top … [Read more...] about Publishers experience a 24% increase in audiobook sales
UK ebook sales have increased by 5% in 2018
Book sales in the United Kingdom decreased by 5.4% last year, which has put a stop to the growth that has been occurring since 2014. In 2017 book sales were £3.11 billion and in 2018 total sales were £2.95 billion. These figures are from the UK Publishers Association, which published its annual yearbook. One of the reasons why print books are falling is due to the interest … [Read more...] about UK ebook sales have increased by 5% in 2018
ebook sales decrease by 4.5% in the first quarter of 2019
In the first three months of 2019, digital book sales have fallen by 4.5% and generated $244 million dollars, which was $10 million dollars less from the same period last year. The continuous decline in ebook sales has been occurring for the past four years. There are a few causes why ebook sales have fallen off a cliff. One of the leading factors is due to the rise of … [Read more...] about ebook sales decrease by 4.5% in the first quarter of 2019
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 sales. 45% audio sales are through subscription models, and … [Read more...] about Audiobook sales increased by 13% in the United Kingdom