May 23 2007
The Association of American Publishers estimate that there is a total drop in sales from 2005 by 0.3%. Trade paperbacks increased by 8.5% ($8.28billion) and ebooks were up 24.1%($54.4million). Audio book sales were down 11.7% along with religion and book clubs. Maybe Amazon’s acquisition of Brilliance will lead to a surge in audio book sales.
Via Publishers Weekly.