Book sales hit record highs in 2019, but publishers ‘now need help’

Figures for last year show sales of £6.3bn, up 20% on 2015, but the Publishers Association says sector needs government support to weather coronavirusBook sales in the UK hit record levels in 2019, driven by a surge in audiobook and nonfiction titles, according to new figures released as publishers warn of the huge impact that the coronavirus pandemic has had on the industry.Book sales rose to £6.3bn in 2019, up 4% on 2018, when sales fell for the first time in five years, and 20% on 2015. According to the latest figures from the Publishers Association (PA), overall print sales were up 3% to £3.5bn in 2019 and digital sales were up 4% to £2.8bn, driven by a 39% increase in audiobook downloads. Digital formats accounted for 44% of the market in 2019, up from 40% in 2015. Related: Harry Potter books prove UK lockdown hit despite JK Rowling trans rights row Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-07-21 23:01:08 UTC ]

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U.S. Audiobook Sales Hit $2 Billion in 2024

The audiobook market in the United States is steadily growing, the Audio Publishers Association reports, with revenue increasing by 9% to $2 billion in 2023 and 38% of American adults having listened to an audiobook in the last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
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[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
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Survey Finds Spotify Audiobooks Popular, but Compensation Questions Remain

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[ Publishers Weekly | 2024-06-03 04:00:00 UTC ]
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Sound Off: What’s New in the Audio Market

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95% of Digital Media Emissions Come From Supply Chain Partners

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[ AdWeek | 2024-05-29 10:00:00 UTC ]
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[ Publishing Perspectives | 2024-05-24 22:09:15 UTC ]
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U.S. Book Show 2024: Spotify Is Ready to Shake Up the Audio Market

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[ Publishers Weekly | 2024-05-20 04:00:00 UTC ]
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[ The Guardian | 2024-05-10 17:25:03 UTC ]
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[ Publishers Weekly | 2024-05-09 04:00:00 UTC ]
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'Harry Potter' set at an HBCU? LaDarrion Williams wrote the book he always wanted to read

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