Trade Publishing Segment Shines in a Flat 2020 (publishersweekly.com)

In a result no one in publishing would have predicted last spring when Covid-19 first hit the U.S., book publishing sales finished 2020 flat with 2019 based on year-end figures supplied by 1,354 publishers to AAP’s StatShot program. The two major trade categories, adult books and children/young adult, had gains of 12% and 6.4%, respectively, while the two big educational segments saw declines.

With many public schools teaching remotely for long stretches of last year, sales of K-12 instructional materials fell 19.6% in 2020 compared to 2019. Sales of higher educational course materials declined 4.3% last year as many colleges and university turned to hybrid instruction, which changed buying habits by students.
much more at source: https://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/85666-trade-publishing-segment-shines-in-a-flat-2020.html

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