AAP July 2023 StatShot Report: Overall Publishing Industry Down 10.9% for Month of July, and Down 0.9% Year-To-Date

The Association of American Publishers (AAP) today released its StatShot report for July 2023 reflecting reported revenue for Trade (Consumer Books), Higher Education Course Materials, and Professional Publishing.

Total revenues across all categories for July 2023 were down 10.9% as compared to July 2022, coming in at $902.6 million. Year-to-date revenues were down 0.9%, at $6.5 billion for the first seven months of the year.

Trade (Consumer Books) revenues were down 5.9% in July, coming in at $599.1 million.

In terms of physical paper format revenues during the month of July, in the Trade (Consumer Books) category, Hardback revenues were down 1.6%, coming in at $165.8 million; Paperbacks were down 11.9%, with $232.1 million in revenue; Mass Market was down 31.3% to $10.2 million; and Special Bindings were down 3.5%, with $16.0 million in revenue.

eBook revenues were up 2.3% for the month as compared to July 2022 for a total of $83.7 million, and the Digital Audio format remained up at 12.1% for July, coming in at $69.5 million in revenue. Physical Audio was up 4.7% coming in at $1.0 million.
more at: https://publishers.org/news/aap-july-2023-statshot-report-overall-publishing-industry-down-10-9-for-month-of-july-and-down-0-9-year-to-date/

Related Posts

HMH Acquires Award-Winning Software Company Writable

Learning technology company HMH today announced it has acquired award-winning software company Writable, building on a longstanding partnership between the organizations that includes the integration of Writable’s research-backed writing assessment and practice solution with HMH’s core ELA offerings for grades 3-12. With the acquisition of Writable, HMH will also establish HMH Labs, a new incubation team focused on the development and customer experience of emerging technologies, including generative AI, in support of HMH’s high-tech, high-touch vision for K-12 learning. Led by Writable CEO and co-founder Andrew Goldman, who will become Executive Vice President of HMH Labs, the group will expand upon and support HMH’s focus on innovative technology and continue to develop Writable.

USPS Calls for Postal Reform, New Pricing System for Declining Volumes

"Our financial situation is serious, though solvable,” says Postmaster General and CEO Megan J. Brennan. “There is a path to profitability and long-term financial stability. We are taking actions to control costs and compete effectively for revenues in addition to legislative and regulatory reform. We continue to optimize our network, enhance our products and services, and invest to better serve the American public." Brennan stressed that the path forward for a financially stable future must also include urgent actions needed outside of the Postal Service's control. They include advancement and passage of the postal reform provisions contained in H.R. 756 in the 115th Congress and the adoption by the Postal Regulatory Commission of a new pricing system as part of its 10-year pricing review, enabling the Postal Service to generate sufficient revenues to cover our costs. Click Read More below for additional information.

Mail and Package Delivery Averages 2.5 Days Across The Nation

FY2022 fourth quarter service performance scores covering July 1 through July 22 included: *First-Class Mail: 93.0 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of .3 percentage points from the fiscal third quarter. *Marketing Mail: 93.8 percent of Marketing Mail delivered on time against the USPS service standard, a decrease of .8 percentage points from the fiscal third quarter. *Periodicals: 86.4 percent of Periodicals delivered on time against the USPS service standard, a decrease of .3 percentage points from the fiscal third quarter.
Back To Top
×Close search
Search