Thursday, November 7, 2024

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Audiobook gross sales have lastly surpassed e-books


Digital e-book gross sales in america have been sturdy because the summer time. In August 2024, e-book revenues had been up 6.1%, producing 90.4 million {dollars}. 12 months-to-date e-book revenues had been up 3.5% in comparison with the primary eight months of 2023, for $687.4 million. It’s good to know that individuals are studying digitally once more, whether or not on their Kindle, Kobo, Nook e-readers or by way of varied apps for smartphones and tablets.

Audiobook gross sales within the digital format proceed to be the fastest-growing section in digital publishing. Audiobooks have surpassed e-book gross sales for August and the primary eight months of the yr for the primary time. The Digital Audio format was up 38.8% for August, coming in at $93.9 million in income. Bodily Audio was down 54.8%, coming in at $600 thousand. 12 months-to-date digital audiobook gross sales had been up 26.8%, reaching $707.1 million in income. Bodily Audio was down 29.2%, coming in at $5.8 million.

When it comes to bodily paper format revenues throughout August, within the Commerce (Client Books) class, Hardback revenues had been up 17.1%, coming in at $297.4 million; Paperbacks had been up 6.7%, with $302.0 million in income; Mass Market was down 35.8% to $8.6 million; and Particular Bindings had been up 3.6%, with $21.5 million in income. 12 months-to-date Hardback revenues had been up 8.0%, coming in at $2.0 billion; Paperbacks had been up 5.9%, with $2.1 billion in income; Mass Market was down 18.1% to $81.9 million; and Particular Bindings had been up 6.0%, with $133.0 million in income.

This knowledge comes from the Affiliation of American Publishers (AAP)  StatShot, which reviews publishing homes’ month-to-month and yearly revenues from U.S. gross sales to bookstores, wholesalers, direct-to-consumer, on-line retailers, and different channels. StatShot attracts income knowledge from roughly 1,280 publishers, though participation could fluctuate barely from report back to report.


Michael Kozlowski is the editor-in-chief at Good e-Reader and has written about audiobooks and e-readers for the previous fifteen years. Newspapers and web sites such because the CBC, CNET, Engadget, Huffington Put up and the New York Occasions have picked up his articles. He Lives in Vancouver, British Columbia, Canada.

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