OCTOBER 2011 BOOK SALES

New York, New York.  January 3, 2012.  E-book sales continued to have a negative impact on ink-on-paper books in October 2011.  The e-book segment grew at 81% in October according to the Association of American Publishers.  The October increase was the first time that e-books did not at least double over the same period of one year ago.  Year-to-date, e-book sales are up 131%.

The only book segment to show an increase in October was the Religious segment with growth of 12%.  As seen throughout the 2011 year, the mass market paperback segments saw significant decreases with sales down 37.6%.  Adult hardcover sales fell 7.8%, and Children’s hardcover sales were down 7.3%.