The Association of American Publishers (AAP) today released the StatShot Annual report for Calendar Year 2019, estimating that the U.S. book publishing industry generated $25.93 billion in annual revenue, up by 1.1% as compared to 2018. In terms of units the report estimates that 2.76 billion units were sold. All figures represent publishers’ net revenue from tracked categories (trade, higher education course materials, PreK-12 instructional materials, professional books, and university press), in all formats, from all distribution channels.
2019 StatShot Annual Report Highlights:
Overall publishing industry revenue was essentially flat, coming in at $25.93 billion for the year, which was a 1.1% increase as compared to $25.63 billion in 2018.
For the third consecutive year, publisher sales to online retail channels exceeded sales to physical retail channels, with the margin continuing to grow wider:
Online Retail: sales to online retail were $8.22 billion. Over the last five years, publisher sales to online retail channels have grown by nearly 20%.
Physical Retail: sales to physical retailwere $5.86 billion. Over the past five years publisher sales to physical retailers have decreased by 35.9%.
In terms of format, print continued to dominate the industry:
Overall: nearly half (47.6%) of all revenue from four print formats: hardback, board book, paperback, and mass market.
For trade (consumer books): print formats represented 74.7% of revenue, and while within that percentage hardback units represented just 24.2% of the total trade units sold in 2019, they generated 36.0% of total trade revenue.
eBooks declined while downloaded audio continued to grow:
eBooks: Industry revenue from eBooks declined 4.9% in 2019to $1.94 billion and is down 30.8% for the five-year period of 2015-2019. eBook units slightly decreased by 2.6% to 335.7 million since 2018.
Downloaded audio: Downloaded audio remains the fastest growing digital revenue segment in the industry, generating $1.31 billion in revenue in 2019, a 15.9% increase over 2018. In the five-year period from 2015-2019, downloaded audio grew a total of 143.8%.
Methodology
The StatShot Annual Report is based on data prepared by Management Practice Inc. (MPI), AAP’s statistics partner, and offers a valuable, financial overview of the book publishing industry that is more than the sum of AAP’s monthly statistics analyses.
StatShot Annual employs a unique methodology that combines annual data submitted by publishers and distributors, along with market modeling, to estimate the total volume of the U.S. publishing industry. Additionally, StatShot Annual reports estimated revenue and unit sales in the following market segments: trade (consumer books), higher education, PreK-12, professional, and university presses. AAP (or its predecessor) has provided this service in a variety of forms since 1947. Participants are listed at the end of this Report. MPI states the results of the survey are accurate at a 95% confidence level, plus or minus 5 percentage points. Percentages may not add to 100% due to rounding.
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.
From Fox 17 (Grand Rapids): The folks over at the Grand Rapids Public Library made a fascinating discovery while digging through their massive archives back in March 2021, and are ...
The article linked below was recently published by the International Journal of Communication. Title Knowledge Work in Platform Fact-Checking Partnerships Authors Valérie Bélair-Gagnon University of Minnesota-Twin Cities, USA Rebekah Larsen ...
A Guide to Communicating With Others: Messaging Apps (via Privacy International) De Gruyter Acquires Mercury Learning and Information Report by the French Committee for Open Science Working Group on Electronic ...
From an Internet Archive Blog Post by Jason Scott: It’s time to add another family of emulated older technology to the Internet Archive. The vast majority of platforms within what ...
The article linked below was recently published by Quantitative Science Studies. Title Crossref as a Bibliographic Discovery Tool in the Arts and Humanities Authors Ángel Borrego Universitat de Barcelona, Melcior ...
Colorado: Suspensions Increase at Pikes Peak Library District Under New Security Protocols (via The Gazette) Montana: ImagineIF Trustees Hold Special Meeting on Library Security Concerns (via Daily Inter Mountain) North ...
From the Associated Press: A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were ...
From The Sydney Morning Herald: Authors, illustrators, and editors will be compensated for e-book and audiobook library borrowings for the first time, in a move by the federal government to ...
From the National Archives and Records Administration (NARA): A draft Customer Research Agenda was open for public review and comment in October 2022. “We’re grateful for the feedback we received ...
From MIT Technology Review: Hidden patterns purposely buried in AI-generated texts could help identify them as such, allowing us to tell whether the words we’re reading are written by a ...
From the Congressional Research Service: Nearly one in four Americans has a disability, according to 2018 estimates from the U.S. Census Bureau. Congress has recognized that in addition to making ...
From The NY Times: When [Joan] Didion died in 2021 at age 87, the news set off an outpouring of tributes to a writer who fused penetrating insight and idiosyncratic personal voice, ...