New Data From the Association of American Publishers: January 2019 Publisher Revenue for Consumer Trade Books Down 3.2% (vs. Jan 2018); Ebooks Down 4.9%; Education and Scholarly Publishing Off 4.8%
Overall participating publisher revenue for January 2019 declined from same period in 2018
In January 2019, publisher revenue for trade (consumer) books was $543.8 million, down -3.2% from January 2018, according to the Association of American Publishers StatShot Monthly report. Among the three trade book categories, increased revenue for Religious Presses (8.1%) and Children’s/Young Adult (4.3%) in January 2019, partially offset a decline in Adult Books (-7.3%) for the same period in 2018. Revenue for trade books includes sales to bookstores, wholesalers, direct to consumer, online retailers, etc.
Overall participating publisher revenue was $1.06 billion in January 2019, down from $1.11 billion in 2018 (-3.8%) for all tracked categories (Trade, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing and University Presses).
January Trade Book Revenue (in millions)
The decline in Adult Books was largely due to a decline in revenue from hardback books. However, within Religious Presses, revenue for hardback books increased 19.0% from the prior year, while revenue for paperback books and eBooks declined. The Children’s and Young Adult category had increases in hardback, paperback, and board books in January 2019, accompanied by a decline in eBooks for the same period.
Downloaded audio remains the format with the highest percent revenue growth (36.1%), with double-digit increases in each of the three trade categories. eBook revenue continues to decline from prior years, down -4.9% in January 2019 from the same period in 2018.
January Trade Revenue by Format (in millions)
Paperback & Mass Market
Education and Scholarly Publishing
Revenues for participating education and scholarly publishers declined in all categories (Higher Education, PreK-12 Instructional Materials, Professional Books and University Presses) for January 2019 as compared to 2018.
January Education and Scholarly Publishing (in millions)
Higher Ed Course Materials
PreK-12 Instructional Materials
Publisher net revenue is tracked monthly by the Association of American Publishers (AAP) and includes revenue from about 1,375 publishers, with participation subject to change over time. The StatShot Annual, Higher Education Annual, and PreK-12 Annual reports for 2017 are available for purchase; additional information about them can be found here.
About Gary Price
Gary Price (email@example.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.