Publisher Revenues Down in May 2015

5474825330_4470fa5928_bThe AAP reports today that the legacy publishing continued its decline into irrelevance in May.

New figures from the 1,209 publishers participating in the AAP's monthly Snapshot program showed that revenues decline across the board in the first five months of 2015, and also declined in most trade categories.

Overall publisher book sales were down 5.8% for January through May (to $4.0 billion) compared to $4.3 billion for the same period last year. Trade book sales also declined 3.4% (to $2.56 billion, from $2.65 billion) over the 5 month period.

aap logoAll categories, including adult, religious presses, and kids/YA were down in May 2015, compared to May 2014. However, sales of adult books were up 1.5% over the January-May period last year.

In terms of formats, downloadable audiobooks kept the title as the astest-growing format, with 38.0% growth through May. Paperbacks also continued their good performance this year with 8.4% growth, but both hardback books and ebooks were down year-to-date (11.6% and 10.2%, respectively).

Compared to Jan-April figures released last month, the decline has only gotten steeper, suggesting that the May results had dragged down the revenue figures of the previous four months.

For more details, PW and PL both have some figures for the month of May.

image by Images_of_Money

 

About Nate Hoffelder (11598 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

4 Comments on Publisher Revenues Down in May 2015

  1. Are there any details listed by publisher? If so, where?

  2. The AAP reports today that the legacy publishing continued its decline into irrelevance in May even as authors’ revenues continue to rise.
    CTFY. 😉

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