Publishers look to exploit revived audiobook sector

Publishers look to exploit revived audiobook sector

Publishers are responding to the surge in audiobook downloads by investing more in the sector, hiring new staff, upping the number of titles they publish and exploring audio-first opportunities.

A surge in growth in the audio download market in the past three years has sparked a frenzy of activity from publishers, with the Publishers Association’s annual statistics, released yesterday (27th April), revealing the value of audiobook downloads to UK publishers increased by 28%, to £16m in 2016.

However, an in-depth report by Nielsen, issued in December, estimated the market was far larger, w...

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