First published on http://lj.libraryjournal.com/
The BookStats 2013 survey, co-produced by the Association of American Publishers (AAP) and the Book Industry Study Group (BISG), released some provisional numbers on May 15. (A few statistics are being recalculated, but won’t impact the trend). BookStats found that trade publishing overall saw significant growth since 2011, despite the closures of many brick-and-mortar stores during the same period. Not surprisingly, publishers’ revenue from brick and mortar retail fell 7 percent, but more than made up the ground online, growing 21 percent. Overall, trade net revenue rose 6.9 percent to just over $15 billion in 2012. The number of books sold also grew, by 8.1 percent, to $2.291 billion.