Book Sales Down 7.5 Percent in First 2 Months of the Year: Book sales were down 7.5 percent for the year as of February 2015 reaching $1.71 billion as compared to $1.85 billion for the same two-month period in 2014, according to new metrics shared by the Association of American Publishers (AAP). (Source: GalleyCat)
Within adult trade, sales of hardcovers fell 23.6 percent, mass market paperback sales dropped 31.2 percent, and e-book sales declined 8.7 percent. Sales of trade paperbacks rose 12.8 percent, and sales of audio rose in both physical and downloadable formats. In the children/young adult segment, sales fell by double-digits in all formats with the biggest decline coming in e-book sales which dropped 46.5 percent. Hardcover sales fell 32.4 percent, while sales of paperbacks and board books fell 26.9 percent and 12.2 percent, respectively. (Publishers Weekly)
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