December 12, 2018

American Publishers Association (AAP) Reports Revenue for Education and Scholarly Publishers Declined for First Seven Months of 2018 vs. 2017; Trade Press Revenues Up 4.7%

From an American Publishers Association StatShot:

Publishers’ revenue for trade (consumer) books increased by $56.7 million (+11.2%) for July 2018 compared to July 2017 and $174.4 Million (+4.7%) for the first seven months of 2018 (Jan. – July). Publisher revenues in all trade book categories – Adult Books, Children’s/YA and Religious Presses – saw double-digit gains over July 2017.

Outside of trade books, only K-12 Instructional Materials saw publisher revenue growth for July 2018, which was up by +7.7% compared to July 2017. Overall publisher revenue for the year-to-date was down by -1.5% compared to the first seven months of 2017.

These revenues from AAP’s StatShot Monthly Report, which comparatively tracks publisher revenue each month, represent all tracked categories (Trade, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses).

Trade Publishing

Jan. to July: Trade Book Revenue (in millions)

Jan. – July 2018

Jan. – July 2017

Percent Change

Adult Fiction/Non-Fiction

$2,617.4

$2,487.6

+5.2%

Children’s/YA

$996.9

$980.2

+1.7%

Religious Presses

$282.0

$254.1

+11.0%

Total

$3,896.3

$3,721.9

+4.7%

Print books generally saw revenue growth, with a combined $2.85 billion in publisher revenue for the first seven months of 2018 – up by $124.6 million from the same timeframe 2017. Previous trends for digital books continued, with publisher revenue for audiobooks up and eBooks down.

Jan. to July: Total Trade Net Revenue by Format (in millions)

Jan. – July 2018

Jan. – July 2017

Percent Change

Hardback

$1,328.5

$1,238.8

+7.2%

Paperback & Mass Market

$1,460.2

$1,423.0

+2.6%

eBooks

$588.8

$619.6

-5.0%

Downloaded Audio

$253.1

$185.6

+36.4%

Physical Audio

$23.4

$29.2

-19.9%

Board Books

$64.9

$67.2

-3.5%

Other

$177.6

$158.5

+12.0%

Education and Scholarly Publishing

Revenue for education and scholarly publishers declined for the first seven months of 2018 compared to 2017. In July, only PreK-12 had revenue growth for publishers, and was up by $43.4 million (+7.7%).

Jan. to July: Education and Scholarly Publishing (in millions)

Jan. – July 2018

Jan. – July 2017

Percent Change

Higher Ed Course Materials

$1,560.3

$1,703.5

-8.4%

PreK-12 Instructional Materials

$1,629.4

$1,743.4

-6.5%

Professional Books

$529.4

$563.9

-6.1%

University Presses

$29.6

$31.1

-4.9%

Publisher net revenue is tracked monthly by the Association of American Publishers (AAP) and includes revenue from about 1,100 publishers, with participation subject to change over time.

See Also: NPD Group (NPD Bookscan) Reports Print Book Sales Rose 2 Percent in the First Half of 2018

See Also: Association of American Publishers (AAP) Reports Publisher Revenue for Consumer Books Up 3.6% First Half of 2018; 3.4% Increase in eBook Revenue for University Presses

Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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