The Association of American Publishers (AAP) released StatShot data from participating publishers for December, and the full year 2023. In December, adult books fell 3.9 percent to $460 million, with $144 million in hardcover sales (down 11.8 percent) and $145 million in paperback sales (down 11.7 percent). Digital formats grew significantly, with ebooks up 10.1 percent to $73 million and digital audio sales up 28 percent to $70.5 million. Children’s book sales gained 5.2 percent in the month to $198 million, with hardcovers down 4.5 percent to $65 million, paperbacks flat at $86 million, and ebooks gaining 82.6 percent to […]