In it, we went over some of the reactions to the American Association of Publishers» (AAP) recent numbers (based on the input of some 1,200 publishers), indicating that, as Michael Cader wrote at Publishers Lunch, «ebook sales by established trade
publishers are in decline.»
Not exact matches
Like many other print - based
publishers, Time Inc. has
been struggling with
declining advertising revenue and a drop
in subscriptions, even for some of its flagship titles.
In this newly competitive landscape, we're seeing results vary by publisher: some are experiencing continued growth in referral traffic while others have seen decline
In this newly competitive landscape, we
're seeing results vary by
publisher: some
are experiencing continued growth
in referral traffic while others have seen decline
in referral traffic while others have seen
declines.
In a sense, that publishers going heavy into Instant would see a decline in referral traffic to their sites is no surpris
In a sense, that
publishers going heavy into Instant would see a
decline in referral traffic to their sites is no surpris
in referral traffic to their sites
is no surprise.
Enders reports that the advertising market, which
is a growth area for the UK, will suffer as «a post-Brexit recession will cause a hyper - cyclical
decline in the advertising revenues of broadcasters and
publishers».
An article
in The Chronicle of Higher Education points out that the editors -
in - chief of two other prominent scientific
publishers, Nature Publishing Group and Elsevier,
declined to sign the letter, although they agreed that journal impact factors shouldn't
be used to evaluate individual scientists.
The American Association of
Publishers declined to comment on Dezenhall's advice, but said
in a statement: «Some commentators have expressed surprise that the publishing industry
is making its case about an important issue that could affect the future of research and science.
In a strongly worded letter sent this month to chief state school officers, legislators, state board of education members, representatives of the National Education Association, and
publishers nationwide, the Florida leaders point to the «pervasive» influence of textbooks and other classroom materials on the educational process and say that their state's school - improvement efforts «have
been impeded repeatedly by the
declining...
Jo Henry, director of the research, said that the
decline in giving books as gifts would
be of particular concern to
publishers and called it a «concerning trend» which has also
been seen
in the US.
Much like the headache of licensing ebooks to libraries stateside, Japanese patrons and librarians have
been frustrated by the lack of bestselling and new release content available for digital lending, for many of the same reasons that
publishers in the US have balked at making their entire catalogs available to libraries, namely fears that print sales will
decline.
Interestingly, authors and
publishers will have the option to
decline participation
in the Library Direct program, as Smashwords» fundamental business model
is to put the control back
in the hands of those who create the books.
Sales of old - fashioned print books
are up for the third year
in a row, according to the Association of American
Publishers, while ebook sales have
been declining.
Stone went on to warn
publishers to
be more alert than ever, taking care not to underestimate Bezos
in the wake of reported
declining ebook sales.
While traditional
publishers (actually, the top end
publishers)
are fighting over business and legal issues, like any big business, you adapt and work with what works — eBooks still represent a minority
in sales, but it
is rapidly catching up to print, and by all accounts, has already passed hardcover (which has
been in decline in a slow death since the advent of paperbacks and trade paperbacks
in the 40s and 50s).
Throughout the past couple of decades he has worked for various publications such as medical magazines and Readers» Digest until he realised sometime around 2000 that the traditional publishing and media industry
was in long term
decline and the future of publishing
was digital and would
be driven by independent authors and
publishers.
The decision we took
in January 2010 to move Penguin's e-book business to agency pricing has
been vindicated by the very rapid subsequent growth
in the volume of e-books sold by agency
publishers, and by the benefit to consumers of the steep
decline in the price of e-book readers that that has resulted from this open competition.»
But the other explanation
is that e-book sales
are, indeed,
in rapid growth: the Nielsen data also demonstrated to European
publishers how this sharp
decline is being mirrored by rapid growth
in the e-books sales market, with e-book sales accounting for 17 % of the US market and almost 6 % of the UK at the end of 2010 (numbers that have surely risen by then).
Secondly, we can
be sure that eBook sales
are rising at an amazing rate — according to the Guardian, citing The
Publisher's Association, over 300 percent per year since 2010, and print
is declining, except
in parts of the world where eBooks have yet to make inroads.
Contrary to the hype, it would appear that the reason those pundits
are claiming a
decline in ebook sales
is because indie authors
are taking significant market share from traditional
publishers.
There
are stories about
declining advances, contracts slanted increasingly
in the
publisher's favor, and authors stuck
in contracts, and unable to do anything about it (think about many of the similar stories you've heard about rock bands stuck
in contracts over the years).
The Association of American
Publishers released its US book sales figures for February 2011 and it looks like 2011 will
be the year the trade book business has to finally confront serious
declines in its core print business.
Amazon has
been previewing its e-reader to
publishers both
in the U.S. and U.K. — HarperCollins UK CEO Victoria Barnsley mentioned the reader at yesterday's LBF seminar on green publishing — for months, although it has
declined to comment on its existence to the press.
The Association of American
Publishers said that
in 2015 e-book sales
declined 11 % and Nielsen reported that it
was closer to 4 %.
Publisher's Weekly weighed
in on the issue «one reason for the 2014
decline in revenue and earnings
was also a drop
in digital sales.
The Association of American
Publishers, which collects monthly data from about 1,200 publishers, said last month that eBook sales had been flat or in decline for mos
Publishers, which collects monthly data from about 1,200
publishers, said last month that eBook sales had been flat or in decline for mos
publishers, said last month that eBook sales had
been flat or
in decline for most of 2013.
The book selling industry
is in dire straights and every major
publisher has reported
declining revenue for the first six months of 2016.
But
publishers want more money than they
are getting from the new world of
declining hardcover sales and they
are pushing the Agency plan rather than
being creative, making special editions and charging more for those,
in a win - win situation.
Google currently
is in talks with other French
Publishers to scan their books as well, but a spokesman
declined to mention any details.
e-Book sales for the past few years have
been on the
decline, but they continue to bring
in billions of dollars per year for major
publishers.
Major
publishers in the United States have
been experiencing massive
declines in e-book sales
in the first half of 2016.
The textbook
publisher needs to do something quick, their overall sales
declined 8 %
in 2016 and they
are expected to not turn it around anytime soon.
Author Earnings has just released their May 2016 report and it
is clearly evident that major
publishers are no longer experiencing a
decline in e-book revenue and it looks like sales have leveled off.
Major
publishers are starting to see a pronounced
decline in e-book sales.
«But that obviously
is 4m books that authors and
publishers aren't getting paid for, and should
be getting paid for, and it
's a particular worry for
publishers at a time when ebook sales
are slightly
in decline.»
The bottom line
is that Amazon's eBook market
is not yet big enough to cover the losses the top selling indie / self - pubbed authors lose out on by not
being widely distributed
in physical book stores
in the U.S. Of course, this disadvantage
is mitigated over time because once the trade
publishers stop pushing their new releases, these books» sales typically
decline, but indie / self - pubbed authors can keep their market pushes going indefinitely, and they can publish new books more frequently than once a year.
According to the figures from Author Earnings — which
are based
in part on regular samples of Amazon sales data — what
's really
been happening
is that the market share of established
publishers has
been declining, while sales of independently published e-books have
been growing.
«
In nearly all media coverage of the AAP's
declining ebook revenue, their sales — the sales of just 1,200 traditional
publishers —
are being conflated with the overall sales of the entire US ebook market.
In the meantime,
publishers are creating a lot of animosity and sabotaging a growing market to protect a
declining — and doomed — one.
In fact, because of a number of factors, even with paper book sales
declining, most traditional
publishers are making more money every quarter.
The reason why
is because back then you would send a manuscript to a
publisher, and if the
publisher declined, they would send it back wrapped up
in brown paper and tied
in string.
«I'd like to see music embedded
in some of the classics, where a
publisher works with Sony Music to enhance the experience of reading an older mainstay book that may
be declining in popularity.
Long story short: Prices
are pretty much the same as they
were a few weeks ago, but there have
been tiny
declines in the percentage of books at the price points to which Apple, the Apple 5
publishers, and the agency model
were supposedly driving ebook prices:
A visit to the Seoul Book Fair reveals
publishers are still wary of ebooks and blame smart devices for the
decline in reading, even as Korean culture has become hip abroad.
Publishers are mostly satisfied with the current print - under - glass model and, unfortunately, flattening (or
declining) ebook sales trends aren't likely to drive investment
in digital innovation.
Publishers must be tuning in, as prices began to decline last year [link], and publishers such as Simon & Schuster have announced new genre imprin
Publishers must
be tuning
in, as prices began to
decline last year [link], and
publishers such as Simon & Schuster have announced new genre imprin
publishers such as Simon & Schuster have announced new genre imprints [link].
She said the complaint
is still
in the process of
being served to Amazon and the
publishers and
declined to state how it came about or whether other bookstores had
been approached to
be party to the suit.
As the WSJ article notes, there
is debate about whether the
decline in sales / profits for the traditional
publishers is because of the increase
in e-book prices under the new contracts or because of a crop of lackluster titles.
And despite the recent fuss about the new partnership for ebook sales between Google and the American Booksellers Association, it
is inevitable that as ebook sales rise, brick - and - mortar stores will
decline and
publishers will gradually lessen their investment both
in the bookstore - based physical distribution network and
in print editions.
In the U.S., the quick growth of e-book sales has
been something of a lifeline for
publishers facing a
declining print book business.
Patty Marks discussed with
Publishers Weekly how the sales of e-books sold via Amazon had
been declining and
was down as much as 75 percent
in 2014.