dollars of the 9.5 billion-dollar total was derived from hardback books, and paperback and mass market book sales revenue also increased year-over-year. book revenue grew across multiple categories, and despite the gains in digital book sales, print remains dominant. Even major booksellers are affected, with Barnes & Noble having been acquired by an investment management firm and later suffering hundreds of store closures in the early stages of the COVID-19 pandemic. dollars annually, online retailers such as Amazon continue to restrict the ability of large physical retail chains to compete. are still bringing in several billion U.S. E-book sales are also on the up, though print will remain the dominant format for many years to come.įrom a retail standpoint the market has seen sweeping changes in recent years. dollars in revenue, and the number of titles produced also grows each year. Meanwhile, audiobook sales now amount to over 1.5 billion U.S.
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