Book Publisher Revenue Up 6.2% in First Quarter of 2018

Publishers’ revenue increased by $143.2 million (+6.2%) for the first quarter of 2018 (Jan – March) compared to the same period in 2017. These numbers include sales for all tracked categories (Trade – fiction/non-fiction/religious, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses). The increases are attributed primarily to strong growth in trade (consumer) books in January and February.

Trade books increased by $94.7 million (+6.3%) to $1.59 billion in the first quarter of 2018 compared to the same period in 2017, with growth in Adult Books, Children & Young Adult Books and Religious Presses. Publishers also saw increased revenue for Professional Books, University Presses and Higher Ed Course Materials.

Some First Quarter trends include:
•Publishers saw revenue gains in Adult Books, Professional Books, and University Presses continuing trends from 2017
•Adult Books saw double-digit growth in January (+13.7%) and February (+12.4%)
•While eBook revenue decreased for the quarter, March saw 1.5% growth for the format
•Downloaded audiobooks continue their rapid growth, with publisher revenue up 32.1% for the first quarter

Trade Book Formats
In the first quarter, print books generally continued their growth from 2017. Revenue from print books totaled $1.14 billion, up about $67.7 million (+6.3%), from the first quarter of 2017. The increase is attributed to growth in trade’s two largest formats – hardback books (+12.0%) and paperback books (+3.2%).

Downloaded audio continued its significant growth into the first quarter of 2018, up by +32.1% over the first quarter 2017. In the first quarter of 2018, the format added $24.0 million in revenue growth compared to the same period last year, making it the format with the second highest revenue growth – just behind hardback books (up $57.1 million).

While eBooks declined by -3.2% for the quarter, they had one month of growth. Publisher revenue for eBooks grew 1.5% in March 2018 compared to March 2017, with Adult eBooks being the reason for the increase.
more detail at: http://newsroom.publishers.org/book-publisher-revenue-up-62-in-first-quarter-of-2018/

Related Posts

2.4 Days: Average Time to Deliver Mail and Packages Across Nation

For the third quarter to date, more than 93 percent of First-Class Mail was delivered on-time each week. For the past fifteen weeks, more than 93 percent of Marketing Mail was delivered on-time. Through the first eleven weeks of the third quarter, the average time for the Postal Service to deliver a mailpiece or package across the nation was 2.4 days. Third quarter service performance scores covering April 1 through June 10 included: *First-Class Mail: 93.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.7 percentage points from the fiscal second quarter. *Marketing Mail: 94.8 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.6 percentage points from the fiscal second quarter. *Periodicals: 86.5 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5.1 percentage points from the fiscal second quarter.

Delaware’s ‘Star News’ Will Be Delivered By USPS (mediapost.com)

Wilmington, Delaware’s Star News is about to join the parade of Gannett publications that are delivered by the U.S. Postal Service. The change takes place on Jan. 24. Print delivery faces labor challenges, fluctuating fuel prices, increased competition for door-to-door delivery workers and the switch to digital, the paper argues. Gannett says it has made this change in multiple markets.

REI Co-op to open new store in Appleton, Wisconsin on September 4, invest $10,000 in local community

REI Co-op will open its new store in Appleton, Wisconsin on September 4 for limited in-store shopping, offering a wide assortment of quality outdoor gear for hiking, camping, mountain biking and paddling. The new 20,000-square-foot store at the Center Valley shopping center was originally scheduled to open in the spring but was delayed due to the coronavirus pandemic. REI Appleton will also offer Buy Online, Pickup In Store capabilities and zero contact bike shop services. With nearly 300,000 lifetime members in state, REI Appleton will join the co-op’s existing Wisconsin locations in Brookfield and Madison. “Appleton is an incredible community, and we’re thrilled to finally open our doors and connect our members to the many outdoor spaces in the region,” said Gary Kim, REI Appleton store manager. “Whether our members are enjoying their favorite activity or want to try something new for the first time, we’ll have the gear they need to get outside.”
Back To Top
×Close search
Search