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U.S. Publishers Report Nearly $1 Billion in Sales as Strong Industry Growth Continues

benzinga.com – Wednesday July 17, 2019

 

NEW YORK, July 17, 2019 /PRNewswire-PRWeb/ -- The Audio Publishers Association released the results from their annual sales survey, conducted by independent research firm Management Practice Inc., which revealed that the strong growth the audiobook industry has seen in recent years continues. Based on information from responding publishers, U.S. audiobook sales in 2018 totaled $940 million, up 24.5% from the previous year, with a corresponding 27.3% increase in units. This continues the seven-year trend of double-digit revenue growth in audiobooks year over year.

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