Publisher net revenue is tracked monthly by the Association of American Publishers (AAP) and includes sales data from more than 1,200 publishers (#AAPStats). 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 first three quarters of 2016 saw slight growth in trade books and a decline in educational and learning materials.
Publishers’ revenues for all tracked categories (Trade – fiction/non-fiction/religious, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses) declined by $684.5 million from the first three quarters in 2015. Publisher revenues include sales to bookstores, wholesalers, direct to consumer, online retailers, etc.
Trade book revenue grew 0.6% to $4.99 billion through Sept. 2016 vs. the first three quarters in 2015. The $28.7 million growth came from children & young adult books and religious presses. Downloaded audio continues to gain popularity, growing 29.6%.
Overview of September 2016
September saw a slight increase in total sales for all tracked categories, with growth of 0.7% vs. Sept. 2015. Increases in children & young adult books and religious presses added to the year-to-date growth trend in those categories. Higher Education course materials also saw its first increase in some time, with growth of 9.2% vs. Sept. 2015.
In Sept. 2016, print dominated, and there was a significant bump in downloaded audio of 38.2% vs. 2015 numbers.
In the growing religious presses category, eBooks bucked the month and year’s trend with slight growth of 2.4%; they’re still down 20.0% year-to-date in the category.
Overview of First Three Quarters in 2016
For the three quarters of the year, sales in all tracked categories were down 5.8% to $11.13 billion vs. the same nine months in 2015.
In the first three quarters of 2016, compared to the first three quarters of 2015, trade sales were up 0.6% to $4.99 billion.
Source: AAP (February 24, 2017)
Trends for Trade by Format
In the first three quarters of 2016 vs. 2015
Paperback books grew 7.5% to $1.62 billion
Hardback books grew 4.1% $1.73 billion
Downloaded audio grew 29.6% to $199.2 million
eBooks were down 18.7% to $877.1 million
Educational Materials and Professional Books
Educational Materials had a revenue loss of 6.9% for K-12 Instructional Materials and 11.3% for Higher Education Course Materials, in the first three quarters of 2016 vs. 2015.
Professional Publishing was down 23.6% in the first three quarters of 2016 vs. the first three quarters of 2015. These categories include business, medical, law, scientific and technical books. University presses were down 4.5% in the first half of 2016 vs. 2015.
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area.
He earned his MLIS degree from Wayne State University in Detroit.
Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.
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Educational Materials had a revenue loss of 6.9% for K-12 Instructional Materials and 11.3% for Higher Education Course Materials, in the first three quarters of 2016 vs. 2015.
