The publishing industry is in a state of flux, as is the rest of the world.
According to the December 2020 Statshot of participating publishers, the Association of American Publishers, published February 25, 2021, total revenues across all categories for December 2020 were down 8.5% compared to December 2019, coming in at $1.1 billion.
In terms of physical paper format revenues during the month of December, in the Trade (Consumer Books) category, Hardback revenues were up 14.2%, coming in at $312.5 million; Paperbacks were up 2.4%, with $248.1 million in revenue; Mass Market was down 1.6% to $25.9 million; and Board Books were up 6.2%, with $16.7 million in revenue.
eBook revenues were up 18.4% for the month as compared to December of 2019 for a total of $89.7 million. The Downloaded Audio format jumped 30.0% for December, coming in at $66.0 million in revenue. Physical Audio declined 6.7%…
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