Digital e-book gross sales in the US grew for the second time in 2024. That is excellent news, as extra folks purchase digital content material on their e-readers, smartphones, and tablets. E-book revenues have been up 2.2% in comparison with Might 2023, producing $84.4 million. Yr-to-date e-book revenues have been up 2.3% in comparison with the primary 5 months of 2023, for $422.5 million.
Audiobooks are the fastest-growing section of digital publishing. The format was up 15.3% for Might, producing $80.2 million in income. Bodily Audio was down 27.0%, coming in at $800 thousand. Yr-to-date audiobook gross sales have been up 22.6%, reaching $423.7 million in income. Bodily Audio was down 21.6%, coming in at $3.7 million.
When it comes to bodily paper format revenues throughout Might, within the Commerce (Shopper Books) class, Hardback revenues have been up 21.0%, coming in at $289.1 million; Paperbacks have been up 16.7%, with $289.6 million in income; Mass Market was up 118.2% to $11.2 million; and Particular Bindings have been up 28.4%, with $13.6 million in income. Yr-to-date Commerce revenues have been up 5.1%, at $3.6 billion for the primary 5 months. Hardback revenues have been up 3.9%, coming in at $1.3 billion; Paperbacks have been up 4.6%, with $1.3 billion in income; Mass Market was down 15.1% to $50.5 million; and Particular Bindings have been up 0.8%, with $76.5 million in income.
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.
