Growth of 3.9% in net revenue for the overall trade publishing sector in the US for the first five months of 2014 was fuelled by year-on-year increases in the children and YA category, according to the latest Association of American Publishers (AAP) StatShot report.
Net revenue for January to May this year was $2,652.3m, compared to $2,553.6m for the same period in 2013.
Of this, $695.9m was in the children’s and young adult category, up 30.5% from $533.2m the year before.
The report also said that in overall trade net revenue from e-books grew 7% compared to the same period in 2013, from $626m in 2013 to $669.7m in 2014.
This was “driven by strong double-digit percentage gains e-book revenue in both the religious and children/YA categories”.
Audio was the fastest growing format in the adult category, up 25.3% versus 2013 year to date, while children’s and YA board books grew 38.3% versus 2013 year to date.
Data for the StatShot comes from 1,209 publishers.