The APA’s latest report on audiobook sales in the US shows that the format has seen double-digit growth for the last seven years.
In the US, book publisher revenue for April of this year was $793.5 million, down $13.1 million (-1.6 percent) compared to the same month last year.
With some softness in educational sectors, the UK industry reports its crucial export sector is holding steady ahead of the potential upheaval of Brexit.
Describing a gradual decline in revenue for the US book business, the AAP’s StatShot annual report estimates that the industry made $25.82 billion in 2018.
As representatives of the Association of American Publishers testify on Trump’s proposed tariffs on books and other goods from China, US book sales for the first quarter are positive.
The February update from the Association of American Publishers shows solid gains in children’s and religious books, and hardbacks with a 3-percent growth.
Hardback books benefitted the most from the uptick in trade book revenue, with 28.5-percent growth compared to November 2017.
For a second time in two years, the Association of American Publishers cites a rise in ebook revenues, as downloaded audio charges ahead as the main gainer.
In 2017, the US book publishing industry reported revenues of $26.2 billion, according to the Association of American Publishers report, StatShot
The Association of American Pubslishers StatShot program cites 29.7-percent growth over 2016 in downloaded audiobook revenue, despite overall flat performance in publisher revenue in 2017.
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