In the first six months of 2019, ebook revenue generated $493 million dollars for American publishers. This is only a small decline of 3.8% as compared to the same months in 2018.
It looks like the ebook industry has somewhat stabilized.
Digital audiobook sales was up 33.8%, reaching $279 million while physical audio declined by 18.0%, coming in at $17 million.
Downloaded audio was up 33.8%, reaching $279 million while physical audio declined by 18.0%, coming in at $17 million.
Downloaded audio accounted for 8.1% of all Trade sales during the first six months of 2019. audio accounted for 8.1% of all Trade sales during the first six months of 2019.
Audiobook and ebook revenue combined is far ahead this year. They now account for 22.3% of reported trade sales.This is good news for the e-reader and digital note taking industries, because it shows people are buying more hardware and continuing to populate their device with a myriad of digital content.
Of important note to writers – readers seem to be commenting more on e-reader related articles and reviews. Don’t hesitate to put out an eBook!