The Association of American Publishers released November StatShot data from reporting publishers, noting trade sales of $818 million for the month, up 6 percent from 2023. Adult books drove the increase, with sales up 10 percent to $571 million. Fiction sales grew 19 percent to $273 million and nonfiction grew 2 percent to $298 million. Hardcover sales were up 8 percent to $228 million (40 percent of the market), paperbacks grew 13.6 percent to $167 million (29 percent), ebooks were up 1 percent to $71.2 million (12 percent), and audio continued to lead digital formats, growing 16 percent to $82 […]
Industry Statistics
2024 Print Sales, For the Record
Circana Bookscan issued a brief statement on 2024 print sales, with total units growing a rounded 1 percent in 2024, to 783 million units overall (up 5 million units from 2023). Note that for much financial reporting 2024 is a 53 week year — but for sales comparison purposes, Bookscan has adjusted to count only 52 sales weeks from 2024. (When publishers issue public reports, they will show 53-week years, with appropriate sales bumps for the extra week.) Adult fiction led the market, growing 9.5 million units to 201 million books, while adult nonfiction fell by 1.1 million units to […]
Presenting Searchable Salary Transparency
We have launched the first of our new tools for the year at Publishers Marketplace. Salary Search lets you check posted salary information over time for any job position by searching through many thousands of listings from Publishers Lunch Job Board archive. Since salary transparency laws in major states were implemented over the past couple of years, the richest data is also the most recent data, though the feature will match historical listings for whenever a salary was posted in a PL job listing. Every column is sortable, so you can easily sort by job posting date, salary level, title, […]
2024: The Year In Deals
A soft fourth quarter for overall deals (-3.2 percent overall) had only modest effect on what was a record-setting year for PM reports overall in 2024–even with continued weakness in the children’s market. Overall deals were higher than ever, as adult deals set new records by a large margin. And publisher investment, in terms of reported six-figure deals as well as in major and significant deals in particular, well exceeded previous records. In particular: – US deals overall were up 3.5 percent, just beating the previous record set in 2021 when pandemic retail sales also set new records. – Adult Fiction continued […]
Strong Holiday Sales Put Print Units Up for 2024
As we reported a week ago, shoppers turned to books late in the holiday season but with conviction, making print sales for the week ending December 21 the best holiday week of sales recorded by Bookscan over the past five years. That momentum continued into the final few holiday shopping days, with the sales week ending December 28 recording the highest “week 52” sales by far over the past five years. Barnes & Noble ceo James Daunt told the FT, “If you are in the ‘last minute’ game — and we are to an extent — then [ . . .] it was a […]
2024: The Year In Deals
A soft fourth quarter for overall deals (-3.2 percent overall) had only modest effect on what was a record-setting year for PM reports overall in 2024–even with continued weakness in the children’s market. Overall deals were higher than ever, as adult deals set new records by a large margin. And publisher investment, in terms of reported six-figure deals as well as in major and significant deals in particular, well exceeded previous records. In particular: – US deals overall were up 3.5 percent, just beating the previous record set in 2021 when pandemic retail sales also set new records. – Adult Fiction continued […]