Though still a fraction of the overall book market, audiobooks continue their double-digit annual growth: the global audiobooks market is expected to reach $35.04 billion by 2030, and U.S. audiobook sales topped ebook sales for the second year in a row. At last count, more than seventy-five thousand titles have been published, a number that…Continue Reading
PEOPLE Dana Canedy is the newest EVP and Publisher at Simon & Schuster, succeeding Jonathan Karp, who has taken over as President and CEO. She had been the administrator of the Pulitzer Prizes since 2017 and was previously Reporter and Senior Editor at The New York Times. PubWest has named Forté Business Consulting as its…Continue Reading
BookExpo has been morphing into a conference for several years, with more programming taking place during the convention. Along with a full day of events hosted by the Audio Publishers Association (APA), this year had a three-day schedule of panels focused on marketing, rights, bookselling, and, of course, books and authors. The kickoff panel, “Consumer…Continue Reading
[This is an excerpt of an article, Giving Them What They Want: Keeping Up With the New Demand for Audiobooks, which was published in the August issue of Publishing Trends. To receive our newsletter in full, find out how to purchase a subscription here.] Digital audiobook downloads have steadily been increasing, and the latest AAP Sales Report shows…Continue Reading
It’s over, tape worms. Audio Renaissance published its last cassette this year: Janet Evanovich’s Lean Mean Thirteen. Random House Audio reports a format breakdown of 85% CDs and 15% digital downloads, with tape sales negligible. Retailers don’t sell cassettes, duplicators don’t duplicate them, and publishers don’t produce them anymore. Audible.com, often considered the benchmark of…Continue Reading
