E-Books Now 23% of U.S. Publisher Sales

 By 
Lauren Indvik
 on 
E-Books Now 23% of U.S. Publisher Sales

Big, bigger, but not yet biggest: According to the Association of American Publishers's StatShot study released Thursday, e-books made up nearly a quarter (22.55%, to be precise) of U.S. trade publishers' book sales last year. That's up from 17% in 2011 and just 3% in 2009.

The financial outlook for books is good. Total industry revenues increased 6.2% to $7.1 billion, of which $1.54 billion came from e-books. Net revenue from adult fiction/non-fiction and children's/young adult books rose as well -- though revenue in the third category, religious presses, did not.

It wasn't just e-books that sold well. Downloadable audiobooks and paperbacks also saw year-over-year increases, as did hardcover copies of books in the children's/young adult category.

Interestingly, e-book revenues appear to be outpacing user adoption of the format, albeit only slightly. According to a study published by Pew last week, 21% of American adults have read an e-book in the past year.

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!