Not exact matches
Audiobooks in the public library system are also
growing, the
publisher has seen a 300 % increase in the number of loans through their partners such as Overdrive.
In the UK, The Bookseller reports in its FutureBook conference material that
audiobooks are the fastest
growing segment of the digital content market for trade
publishers, with the overall audio digital download market «said to be worth close to # 100 million (US$ 125 million) per year.»
Audiobook sales continue to be on fire, far outpacing eBook sales, the next fastest
growing format according to the American Association of
Publishers as reported by The Digital Reader.
Audiobook sales have been
growing over the past four years and major
publishers have all disclosed that audio sales are making up for the massive decline for their e-book units.
Publishers are capitalizing on this
growing trend by offering libraries eBooks and
audiobooks under simultaneous use or bulk discount plans.
Of course, ACX has enabled self - published authors and small press
publishers to tap into this
growing audiobook market as well.
The UK
audiobook market is certainly
growing and it is generating at least one hundred million pounds a year for
publishers and an increasingly number of retailers are hoping to capitalize on the boom period.
The digital
audiobook industry has been
growing exponentially for the past four years and the big five
publishers are generating the lionshare of revenue.
It's hard to imagine that five years ago after the threat of ebooks sent
publishers into a panic and had experts declaring the death of the print industry that
audiobooks would become a major focus for Amazon, let alone a $ 2 - billion (U.S.) per year business and the fastest
growing book format, often outselling both print and digital editions.
Over the last couple years,
audiobooks have been the top
growing format for trade
publishers, with about 20 - 30 % growth year on year.
The Association of American
Publishers (AAP) reports that «downloadable
audiobooks continued to be the fastest
growing format with a 26 % growth [in the first half of 2014] over the same period in 2013.»