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Traditional Publishers Are Selling Way More Non-Fiction Than Fiction

forbes.com – Friday August 31, 2018

In the publishing industry, adult non-fiction revenues are soaring above fiction revenues and have been widening the gap for the past five years. Adult non-fiction revenue totalled $6.18 billion across the publishing industry in 2017, while adult fiction revenues reached $4.3 billion, according to Penguin Random House, using data from Association of American Publishers (AAP), the U.S. Bureau of Economic Analysis, and Bookscan.

2013 was the last year that the adult fiction category beat non-fiction in revenue (at $5.21 billion in revenue to non-fiction's $4.82 billion). Revenues for adult non-fiction have rapidly risen every year since: $4.97 billion in 2014, $5.59 billion in 2015, $5.87 billion in 2016, and finally $6.18 billion last year. In the same five-year period, adult fiction revenues dropped from a high of $5.21 billion in 2013 to 2017's low of $4.38 billion.

To read the full article on forbes.com, click here

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