Thursday, October 04, 2018

Ebook Sales Are Down 5%

Audiobooks continue to grow while ebooks are on the decline in the United States / Photo by Aaron Burden, Unsplash

Ebook Friendly: Digital audiobooks see a 36.4% revenue growth so far this year

A new report from The Association of American Publishers shows a substantial growth of audiobook sales and a 5% decline in ebooks.

In the first seven months of 2018, publishers’ revenue for trade ebooks has decreased by 5%, compared to the same period of 2017.

Besides ebooks, a downward trend is seen in physical audiobooks (-19.9%) and board books (-3.5%), according to the report released by The Association of American Publishers.

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Bookyards editor: Digital books are hot right now.