Monday, September 12, 2011

As Print Book Revenues Plunge, E-Books Aren’t Making It Up

paidcontent reporting:
Looking at book publishing statistics and noting huge e-book growth is fun—but not in the case of the new statistics released by the Association of American Publishers, which show print book revenues substantially down and the 161 percent growth in e-book revenues in the first six months of the year unable to make up for that loss. Update: I corrected the net revenue figures below.
The AAP’s monthly reports represent sales figures from 79 publishers reporting data in four markets (trade, K-12, higher education and professional/scholarly publishing). 15 of those publishers also provided data on e-books. These stats are less comprehensive than those provided by BookStats, the AAP’s joint venture with the Book Industry Study Group, which launched last month and includes data from nearly 2,000 publishers. Early BookStats reports showed that book sales grew between 2008 and 2010.
Total sales of adult hardcover, paperback and mass market paperback books were $1.23 billion for the first six months of 2011, compared to $1.65 billion in the first six months of 2010—a 25.9 percent decrease.
Sales from adult hardcover, paperback and mass market; children’s hardcover and paperback; downloadable audiobooks and e-books—were $2.19 billion for the first half of 2011, compared to $2.39 billion for the first half of 2010. I apologize for the error.
http://paidcontent.org/article/419-new-book-stats-as-print-book-revenues-plunge-e-books-arent-making-it-up

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