E-Books Decline 16.4% and Audiobooks increase by 29.2%

The Association of American Publishers has reported that from January to November 2016 e-books declined by 16.4% and digital audiobooks increased by 29.2%. This is good news for the audio industry that has been consistently been seeing massive gains over the past three years.

Trade Books

From Jan. – Nov. 2016 vs. the same time in 2015 trade books were flat at 0.5% growth year-to-date.

  • By Category:
    • Adult Books were down 2.1% to $4.4 billion
    • Childrens & YA Books were up 5.8% to $1.6 billion
    • Religious Presses were up 8.6% to $455.4 million
  • By Format
    • Paperback books grew 6.5% to $2.0 billion
    • Hardback books grew 2.1% $2.5 billion
    • Downloaded audio grew 29.2% to $244.1 million
    • eBooks were down 16.4% to $1.1 billion

Educational Materials and Professional Books

  • Educational Materials had a revenue loss of 9.0% for PreK-12 Instructional Materials and 11.5% for Higher Education Course Materials from Jan. – Nov. 2016 vs. the same time in 2015
  • Professional Publishing was down 21.1% From Jan. – Nov. 2016 vs. the same time in 2015. These categories include business, medical, law, scientific and technical books. University presses were down 2.5% for the 11 months.

Source:

http://goodereader.com/blog/e-book-news/e-books-decline-16-4-and-audiobooks-increase-by-29-2

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