AAP StatShot Report Covering First Quarter of the 2024: Overall Industry Was Flat

Total revenues across all categories for the first quarter of the year were up 0.2% as compared to the first three months of 2023, coming in at $3 billion.

Trade (Consumer Books) sales were down 2.8% during the first three months of the year, coming in at $2.1 billion.

In terms of physical paper format revenues during the first quarter, in the Trade (Consumer Books) category, Hardback revenues were down 4.9%, coming in at $733.2 million; Paperbacks were down 3.4%, with $756.1 million in revenue; Mass Market was down 25.7% to $31.0 million; and Special Bindings were down 7.8%, with $48.5 million in revenue.

eBook revenues were down 1.5% as compared to the first three months of 2023, for a total of $255.6 million. Digital Audio was up 15.3% for the first three months, coming in at $243.6 million in revenue. Physical Audio was down 29.1% coming in at $2.1 million.
more at: https://publishers.org/news/aap-statshot-report-covering-first-quarter-of-the-2024-overall-industry-was-flat/

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