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
Filed under: Companies (Publishers/Vendors), News, Publishing, Reports
About Gary Price
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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