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Audiobooks Are Officially The Publishing Industry's 2018 Trend

forbes.com – Saturday September 1, 2018

Audible UK's 2017 revenues grew by 45% over the year prior and are now over £97 million. The news, out today from The Bookseller, aligns with similarly high audiobook sales and revenue numbers across the publishing industry. In 2018, digital audio is selling very well. 

In 2017, downloadable audio revenues across the rest of the publishing industry grew 28.8% over the previous year — not as impressive as Audible UK's growth, but far beyond any other format. In the first quarter of 2018, the format continued to grow: Digital audio was up 32.1% in Q1 2018. Ebook sales fell 3.2% in the same quarter.

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

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