AAP Reports Publisher Revenues up 5% in First 3 Quarters of 2014

AAP Reports Publisher Revenues up 5% in First 3 Quarters of 2014 AAP ebook sales A new report from the Association of American Publishers today reveals that publishers revenues were up slightly in the first 9 months of 2014.

Total trade revenues for the 1,209 publishers supplying data to the AAP were up 2.8% (to $5.02 billion from $4.88 billion). The adult segment dropped 3.3% (to $3.31 billion from $4.42 billion), while the religious presses segment grew by 2.1% (to $410 million from $393 million).

The children's/YA segment continued its extreme fluctuation in sales for the third year in a row, with revenues up 22.4% (to $1.31 billion from $1.07 billion). This segment showed similar growth in 2012, and a similar decline in 2013. It's more than likely that the fluctuation in all 3 years had the same cause: blockbuster movie adaptations of YA novels (or in the case of 2013, the lack of the same).

Coincidentally, the AAP also pointed out in their press release that YA ebooks revenues increased at a faster clip than the overall segment, with a 52.7% change in the first nine months.

In terms of formats, ebooks were up, hardbacks were down, and paperbacks were up. Total ebook revenues increased by 5.6% over 2013 (to $1.2 billion from $1.13 billion), while hardback sales dropped by just under a percent. Paperback sales saw similar healthy growth, increasing by 4.1% (to $1.51 billion from $1.45 billion).

The AAP also shared the tidbit that downloaded audiobook revenues continue to outpace the market, growing by 27.0% growth over the same period in 2013.

And in terms of the overall revenues reported by the 1,209 publishers, the AAP said that publishing is healthy thus far in 2014. Revenues were up 4.9% in all categories (Trade, K-12 Instructional Materials, Higher Education Course Materials, University Presses, etc.)

 AAP Reports Publisher Revenues up 5% in First 3 Quarters of 2014 AAP ebook sales

Nate Hoffelder

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Nate Hoffelder is the founder and editor of The Digital Reader: He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

7 Comments

  1. Paul Durrant15 December, 2014

    [HEAVY SARCASM]Well, ebook piracy is certainly hurting the big publishers. No wonder they’re so keen on DRM to keep the pirates down.[/END]

    Reply
  2. fjtorres15 December, 2014

    They’re still not breaking out MMPB and tradepb numbers.
    So that 5% increase is likely just from migrating buyers from the cheaper format to the more expensive ones. Factor in inflation and the price boost from mmpb to trade its pretty clear unit sales are still declining.

    Reply
  3. Gary15 December, 2014

    Quote: …sales for the 1,209 publishers supplying data…

    Does the number of publishers change much year-to-year? Is some of the reported growth due to more publishers joining the AAP and/or deciding to provide data to the AAP?

    Reply
    1. Nate Hoffelder15 December, 2014

      The numbers grow very slowly. So far as I know, when a new publisher is added the AAP also collects a year’s worth of revenue data.

      Reply
  4. […] am continuing to offer audiobook versions of my books. This is the fastest growing sector of the publishing industry. The audiobook version of my second book, Uneasy Spirits, should be out […]

    Reply
  5. […] 2014. The kids/YA category showed the most growth, increasing by 21.6%, while the adult category continued to dip by just under a percent and religious presses grew by […]

    Reply

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