The Association of American Publishers (AAP) today released its StatShot report for June 2020 reflecting reported revenue for all tracked categories, including Trade (consumer publications), K-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses.
Total revenues across all categories for June 2020 were approximately $1.4 billion, a decline of 4.1% as compared to June 2019. Year-to-date sales were $5.7 billion, a decline of 4.2% as compared to the same period last year.
Trade sales were up 24.4% year-over-year, coming in at $700.3 million. Year-to-date (January-June 2020) Trade sales were $3.6 billion, an increase of 2.8%, as compared to the same period in 2019.
In terms of physical paper format revenues during the month of June, in the Trade (consumer publications) category, Hardback revenues jumped 35.2%, coming in at $227.6 million; Board Books were up 41.7%, with $12.1 million in revenue; and Paperbacks were up 22.9%, with $248.0 million in revenue. On a year-to-date basis, Hardback revenues were $1.2 billion, down 0.8%; Paperbacks were $1.2 billion, up 1.6%; and Mass Market was $108.9 million, a decline of 2.7% as compared to the first six months of 2019.
eBook and Downloaded Audio revenues continued to be strong in June, and on a year-to-date basis:
eBook revenues were up 39.0% for the month as compared to June 2019 for a total of $110.3 million. On a year-to-date basis, eBooks were up 12.7%, coming in at $544.5 million for the first six months of 2020. Notably, eBooks revenues in the Children’s and YA category saw a 132.5% jump during the month, coming in at $14.6 million. On a year-to-date basis eBooks revenues in the Children’s and YA category were up 62.4% for the first six months of the year, coming in at $61.6 million.
Downloaded Audio revenues saw a 6.2% increase as compared to June of last year, reaching $54.1 million in revenue. On a year-to-date basis, Downloaded Audio was up 14.1% as compared to the first half of 2019, with a total of $316.6 million for the year so far. The Downloaded Audio format has seen continuous growth every month since 2012.
Religious press revenues were up 50.0% year-over-year in June, coming in at $51.8 million, but roughly flat on a year-to-date basis with a decline of 0.6%, with revenues of $311.4 million for the first six months of the year.
Year-to-date Education revenues were down 15.9%, coming in at $1.9 billion.
Revenues from Higher Education Course Materials were down 9.7% for the month, as compared to June of 2019, coming in at $176.7 million. PreK-12 Instructional Materials revenues were down 29.7% for June 2020, with $419.8 million. Revenues from Higher Education Course Materials were up 4.8% to $951.3 million on a year-to-date basis. PreK-12 Instructional Materials revenues were $909.4 million on a year-to-date basis, a drop of 30.3% compared to the first six months of last year.
Professional Books, including business, medical, law, technical and scientific, declined 12.4% during the month, coming in at $63.1 million. The category was down 5.8% for the first half of the year, with $257.3 million in revenue.
University Presses were up 29.4% as compared to June of 2019, bringing in $4.9 million in revenue. On a year-to-date basis, University Presses declined 3.5%, bringing in $21.7 million for the first six months of 2020.
more at source: https://publishers.org/news/aap-june-2020-statshot-report-publishing-industry-declines-4-1-for-month-4-2-year-to-date/