Print Sales Up Again inIn the opening days of , the publishing industry is looking towards the future. But the past still has a lot to say. Here are what fascinating publishing industry insights were just revealed by a new list of the U. McCrudden has graciously allowed me to draw on his comments and pie charts in order to compile a new list of interesting tidbits revealed by the year's bestselling books. Granted, the top-selling titles are just a sliver of the total sales the publishing industry sees in a year, but that doesn't mean they don't have insights to offer.
Please refresh the page and retry. F rom the very dawn of radio, every age of new media has come with the stark warning that it is bound to kill off the good old-fashioned novel. J ust the last year has seen a seven per cent drop in spending, as the nation appears to fall out of love with the novel in favour of non-fiction. Continuing a trend from , digital sales once again fell as physical books increased, helped by diet books, cookery books, biographies and the remains of the adult colouring book craze. S tephen Lotinga, chief executive of the Publishers Association, said the fall in fiction was in part down to a lack of one stand-out bestseller last year, as well as the drop in digital sales affecting novels more than non-fiction titles.
The numbers, though not a major worry, raise questions about the books the industry is publishing and what consumers want to read. Since , fiction sales fell every year with the exception of The AAP tracks all major formats—print, digital, and audio—in its sales estimates. The most commonly shared view is that it has become extremely difficult to generate exposure for novels. Fiction, more than nonfiction, depends on readers discovering new books by browsing. Now, with the number of physical stores down from five years ago despite a rise in ABA membership , publishers cannot rely on bricks-and-mortar stores providing customers with access to new books. Nor can publishers depend on media outlets to make up for the gap left by the shrinking footprint of physical bookstores.
Although no new book sold more than one million print copies last year, unit sales of print books were 1. The increase follows a 3. Units have risen every year since , and sales were up The two bestselling books of the year were Wonder by R. Palacio and Milk and Honey by Rupi Kaur, which were originally published in and , respectively.
The image of the impoverished writer scratching out their masterwork in a freezing garret remains as true today as it was a century ago, according to a new report commissioned by Arts Council England ACE , which revealed that collapsing sales, book prices and advances mean few can support themselves through writing alone. The report found that print sales of literary fiction are significantly below where they stood in the mid-noughties and that the price of the average literary fiction book has fallen in real terms in the last 15 years.
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