the-digital-reader.com
AAP Reports Publisher eBook Revenues Down in July 2016 | The Digital Reader
The Association American of Publishers released their monthly Statshot report, and the ebook news continues to be bad. Total revenues (for the 1,200 publishers who submit data to the AAP) were down 8% in the first seven months of 2016, to $7.5 billion, while trade revenues were down a fraction of a percent ($3.63 billion). Focusing on the trade segment, revenues from the adult category were down 3.3%, while YA and religious presses were up 6.3% and 8.3%, respectively. In terms of formats, audiobook and print revenues were up in that period, but not enough to compensate for the decline in revenues from ebook sales, which were down 19.2%. Here is the press release: Childrens and Young Adult titles grew 31.1% in July 2016 vs. July 2016, with the majority of that growth coming from hardback books. While revenue for Trade Books grew in April, May, June and July, the gains were not enough to counter declines from earlier in the year, and the overall category was flat (-0.4%) for the first seven months of 2016 vs. 2015. Overall publishers’ revenues (sales to bookstores, wholesalers, direct to consumer, online retailers, etc.) were down 7.9% for the first seven months of 2016 vs. [...]