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
book sales
Best Sci-Fi and Fantasy Books at 50% Off at Barnes and Noble
It's the right time to buy your favorite sci-fi and fantasy books. Barnes & Noble is running a ‘buy one, get one 50% off sale’ through January 31. Add two titles to your card and save half of your money on your purchase. In addition, you will get impressive discounts on board games also. The sale also features some of the most notable science fiction and fantasy titles, … [Read more...] about Best Sci-Fi and Fantasy Books at 50% Off at Barnes and Noble
BookTok Has Reached its Zenith, BookScan Suggests
The UK’s Publishers Association reported that book sales increased by 5% in 2021, thanks to BookTok. Nigel Newton, the CEO of Bloomsbury Publishing, attributed 220% of its business’ profit in 2021 to TikTok. According to a survey conducted in May 2023, 48% of TikTok users in the US and 53% of Canadian users reported reading significantly more because of BookTok. A 2022 … [Read more...] about BookTok Has Reached its Zenith, BookScan Suggests
Bookshop.org Generates £3m in Profit For Indie Bookstores
Image credit: redital Popular online book marketplace, Bookshop.org has recently made an announcement that it has generated a £3m profit for the 570 independent bookshops using the same. They are also aiming to increase online sales for indie bookshops nearly five times by the year 2028, according to The Bookseller. The managing director of the platform, Nicole … [Read more...] about Bookshop.org Generates £3m in Profit For Indie Bookstores
Two Different Trends in Global Book Sales : Here’s What the Report Says
As per Publisher's Weekly, the overall book sales in the world saw a mixed trend, with half countries showing a decline and the other half showing growth in 2022. The international news website that focuses on book publishing, literary and related topics found about the trend through their reporting from the Federation of European Publishers earlier. They mentioned in their … [Read more...] about Two Different Trends in Global Book Sales : Here’s What the Report Says
Print Book Sales Dropped in the First Half of 2023
After making strikingly strong sales during the pandemic, print books had a 6.5% drop in unit sales in 2022. The numbers remain steady in Q1 2023, and this was largely due to Prince Harry’s Spare, which is a 2023 non-fiction bestseller for now. Prince Harry’s explosive memoir sold more than 3.2 million copies globally in the first week of its publication. But in Q2 2023, no … [Read more...] about Print Book Sales Dropped in the First Half of 2023
Book publishers generated $26 billion in 2017
The Association of American Publishers has proclaimed that the U.S. book publishing industry generated an estimated $26.23 billion in net revenue for 2017, representing 2.72 billion units. All figures represent publishers’ net revenue from tracked categories (trade, higher education course materials, preK-12 instructional materials, professional books, and university press), in … [Read more...] about Book publishers generated $26 billion in 2017
AuthorEarnings Debunks Industry Lies Surrounding SciFi, Fantasy
In another stunning display of both truth in publishing and meticulous attention to the data, the latest release from AuthorEarnings takes on another facet of the traditional publishing industry, namely the lies surrounding scifi and fantasy publishing. In a presentation at the 2018 SFWA Nebula Conference, cape-wearing number cruncher Data Guy presented findings that dispel a … [Read more...] about AuthorEarnings Debunks Industry Lies Surrounding SciFi, Fantasy
Author Earnings: “The Pool Is Open”
The number-fanatics behind the Author Earnings report have released another installment in their in-depth analysis of how book sales are taking shape across the publishing landscape. While there were very few earth-shaking surprises in the data this time around, it's more like enough proof that a few long-held beliefs about publishing can finally be put to bed. 1. There's no … [Read more...] about Author Earnings: “The Pool Is Open”
The Gatekeeper Is Back, Authors…
In the era of ebooks and at-the-touch-of-a-button access to hundreds of millions of titles, you'd think that the possibilities for both readers and authors would be endless. For years, that's actually been the claim; with the "take down" of the publishing gatekeepers and the widespread acceptance of indie authorhood, we've been told that anyone can write, publish, and … [Read more...] about The Gatekeeper Is Back, Authors…
KDP Offers Authors a New Sales Dashboard
There's little doubt that Amazon has been the driving force behind the digital publishing revolution, including its impact on self-publishing. The once-daunting process of being an author meant navigating some treacherous waters on both the creative side and the business side of things. But with the Kindle Direct Publishing platform, authors have enjoyed a fairly … [Read more...] about KDP Offers Authors a New Sales Dashboard
The Power of a Book Tweet
Self-published authors have resorted to "buy my book" tweets for so long that social media is a minefield of useless book commercials. But one purposeful--albeit off the cuff--tweet from an independent bookstore led to an exponential increase in sales. According to Book Web, Carmichael’s Bookstore in Louisville, Kentucky, reached out to author Shea Serrano after he directed … [Read more...] about The Power of a Book Tweet
Book Sales Remain a Closely Guarded Secret
One of the most frustrating aspects of being an author, publisher, or book retailer is the closely guarded, secretive nature of book sales figures. For some reason, unknown to many even in the industry, retailers and publishers typically do not disclose their sales numbers; at the same time, authors can have their accounts closed and their titles removed from retailers' virtual … [Read more...] about Book Sales Remain a Closely Guarded Secret
Down with eBooks, Up with Print
It's an old song, but it's still ringing out from the global marketplace: ebook sales are down, print sales are up, and we think the kids are to blame. In all seriousness, the very early days of the digital publishing revolution showed us that ebooks could hold their own in the book publishing arena, or at the very least come in a close enough second to not be scorned as a … [Read more...] about Down with eBooks, Up with Print