Children’s Ebook Revenue Nosedive Drags Down Trade in 2013
A sharp decline in revenue generated by children’s ebook publishing is dragging down overall results for trade publishing in 2013, according to the latest numbers from the Association of American Publishers.
Revenue for children’s ebooks was down nearly 44% to $59 million in the first four months of 2013, likely due mostly to an unfavorable comparison with the previous year. In other words, no titles have stepped in to replace the void left by The Hunger Games trilogy once its sales slowed.
Meanwhile, sales of adult ebooks were up about 12% to $437 million and sales of religious ebooks were up nearly 8% to $24.6 million. Across all three formats, ebooks are basically flat for the year at 0.7% growth to $520.6 million in revenue.
Ebooks now represent 28.7% of trade revenues across those three categories, up from about 27% through the first quarter.