The American Association of Publishers has taken a moment away from their work in denouncing the Georgia State decision and spreading FUD about the onging Kirtsaeng v. Wiley case to bring us some news today about the US book market.
Much to everyone's surprise, Amazon has not succeeded in killing off the publishing industry - not in the first half of 2012, at least. Sales are up in a number of categories.
Children's books sales are up across the board, with increases ranging from 12% to 37% for paper books and 250% for children's ebooks. For adult books, however, the results were mixed. Hardback and paperback held their own when compared to the first 6 months of 2011, showing about a 2% increase. eBooks and audiobooks each did quite well , with the AAP reporting a 32% and 34% increase, respectively.
The one downside was mass market paperbacks, which reportedly saw a 20% drop in sales. I suspect much of that was replaced by ebook sales, which saw a much larger increase than the $50 million lost in the mass market category.
image by Brett Jordan