Sales for US publishers rise in 2014
Publishers in the US have reported an increase in revenue in 2014, according to figures from the Association of American Publishers (AAP) Statshot program reported in Publishers Weekly. The program surveyed 1209 publishers and found that net revenue in 2014 increased 4.9% to US$15.72bn (A$20.68bn). Overall revenue for ebooks also increased 4.7% to US$1.58bn (A$2.08bn). Trade revenues were up 3.8% to US$7.2bn ($A9.47bn) with the strong increase of 20.8% posted by the children’s/YA segment offsetting a 1.4% drop in adult books. Within the adult trade segment, ebooks and trade paperbacks saw sales rise by 1% and 2.3% respectively, while mass market paperbacks dropped 4.2% and hardbacks saw the largest decline with 8.2%. Sales of downloadable audio for adult trade titles saw significant increases of 27.2% despite physical audio decreasing 7.7%. Children’s/YA sales saw growth across most formats with paperback up 24.4%, hardback up 15%, board books up 33% and ebooks up 33.6%. Statshot also recorded revenue increases in the school instructional material and professional books segments. More data and analysis around 2014 sales will be released by the AAP later in the year.
Category: International news