According to the Association of American Publishers (AAP) net sales revenue report, hardback sales rose nearly 34 percent over the northern summer, compared to the same period last year.
At the same time, adult paperback sales declined almost 30 percent. As you can see by the Year to Date chart embedded above, adult paperback sales have declined 20 percent and adult hardcover sales are down nearly 18 percent compared to last year.
Once again, eBooks posted massive gains. Here’s more from the release: “In the midst of the summer books season, Adult Hardcovers enjoyed a significant year-to-year monthly net sales revenue increase of more than 30%. E-Books continue a consistent monthly triple-digit percentage growth track while Downloaded Audiobooks also show another month of increased revenue.”
As Publishers Lunch points out, however, it must be borne in mind that this is the data from the limited set of publishers who reported monthly to the AAP, and should not be confused with the larger pool of annual data and estimates reflected in the new Book Stats program, which debuted in August.