The Relentless March of E-books

The AAP released their monthly figures (for May) on Thursday, and the same trends that we have seen all year have continued. Print is in freefall. Adult hardback dropped 38.2% year-on-year, adult trade paperback fell 14.3%, and adult mass-market paperback plunged 39.4%. By contrast, e-books grew 146.9% year-on-year. Children’s YA paperback bucked the trend by growing in May 2011 by 4.7% year-on-year.¬†However, when we look at how all categories are performing in the first five months of 2011, these kind of spikes tend to flatten out. Print is being hammered. Adult hardback is down 23.4% from the same period in 2010. Adult trade paperback is down 17.9%. Adult mass-market paperback is down 30.1%. Children’s/YA hardback is down 6.3%. Children’s YA/Paperback Read More…

Print Continues Its Death Spiral

JK Rowling’s announcement that she is self-publishing the Harry Potter e-books pretty much drowned everything else out yesterday, but there was some other news that should be highlighted. The American Association of Publishers (AAP) released figures for April 2011. Adult Hardback was in first position again this month, with $111.4m in sales (a sharp drop of over 20% from $142.9m in April 2010). Adult trade paperback was in second position again this month with $95.9m (down from $128.2m or a drop of 25%). Ebooks held steady in third position with $72.8m (an increase of 165% on last year’s $27.4m).