Book Publisher Sales Were $5.72 Billion in the First Half of 2017
Revenue for Trade Books grew by 3.0%, with revenue increases in both Adult Books and Childrens/YA books over 2016.
"What a testament to the importance of the publishing industry," said Maria A. Pallante, President and CEO, Association of American Publishers. "Whatever the category, format or distribution platform books remain a constant in the marketplace and in our lives."
By Category: In the first half of 2017, compared to the first half of
2016, trade sales were $3.27 billion - up by $95.8 million
- Adult Books had $2.22 billion in sales, up $66.7 million (3.1%)
- Childrens/YA Books had $852.4 million in sales, up $36.8 million (4.5%)
- Religious Presses had $197.0 million in sales, down by $7.7 million (-3.8%)
By Format: In the first half of 2017 vs. 2016
- Paperback/Mass Market books had $1.27 billion in sales, down $23.6 million (-1.8%)
- Hardback books had $1.11 billion in sales, up $98.7 million (9.7%)
- eBooks had $555.7 million in sales, down $26.8 million (-4.6%)
- Downloaded audio had $157.7 million in sales, up $38.2 million (32.0%)
- Other formats (including board books, physical audio) had $181.8 million in sales, up $9.4 million (5.4%)
Educational Materials and Professional Books
Educational Materials: In the first half of 2017, compared to the
first half of 2016
- PreK-12 Instructional Materials had revenues of $1.19 billion, flat at +0.1%
- Higher Education Course Materials had revenues of $941.8 million, up by 11.2%
Professional Books and University Presses: In the first half of 2017,
compared to the first half of 2016
- Professional Books had revenues of $273.2 million, up 0.7%. These categories include business, medical, law, scientific and technical books.
- University presses had revenues of $24.6 million, up 2.5%
Publisher net revenue is tracked monthly by the Association of American Publishers (AAP) and includes sales data from about 1,200 publishers. Figures represent publishers' net revenue for the U.S. (i.e. what publishers sell to bookstores, direct to consumer, online venues, etc.), and are not retailer/consumer sales figures.
The Association of American Publishers (AAP) represents more than 300 book and journal publishers in the United States on matters of law and policy. Find us online at http://newsroom.publishers.org/ or on twitter at @AmericanPublish.
SOURCE: BUSINESS WIRE. ©2017 Business Wire