Covid-19 has impacted the publishing industry drastically. As per the reports by Association of American Publishers (AAP), the total US book publisher year-to-date sales across all categories from January to June month were $5.7 billion, which shows a drop of 4.2% percent compared to the same six months of last year.
Digital publishing has gained momentum over the past few years. In fact, according to Statista, the total digital publishing revenue in the United States turned out to be nearly 18 billion U.S. dollars last year. If you look at the average revenue per user in the U.S., it approaches 79 U.S. dollars per capita. This average value is constantly increasing, which indicates that the industry is only headed towards greater expansion. It’s no wonder since digital publishing solutions are way cheaper than paperback publishing and allow readers to easily access an unlimited number of books via a smartphone, tablet, PC, etc. Owing to these and many other reasons, most readers have now started preferring eReaders over a paperback book. And this is not just limited to leisure reading. Digital publishing sure has made a mark in the field of educational publishing and eLearning.
eBook publishing and distribution continues to break ground and reach further within audiences through a variety of media and platforms. The online retail sector in particular has played a crucial part in the widening outreach of publications. Continue reading “2018 Guide to Make It to the Digital Publishers’ Walk of Fame”