Updated: As Print Book Revenues Plunge, E-Books Aren’t Making It Up

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Looking at book publishing statistics and noting huge e-book growth is fun–but not in the case of the new statistics released by the Association of American Publishers, which show print book revenues substantially down and the 161 percent growth in e-book revenues in the first six months of the year unable to make up for that loss. Update: I corrected the net revenue figures below.

The AAP’s monthly reports represent sales figures from 79 publishers reporting data in four markets (trade, K-12, higher education and professional/scholarly publishing). 15 of those publishers also provided data on e-books. These stats are less comprehensive than those provided by BookStats, the AAP’s joint venture with the Book Industry Study Group, which launched last month and includes data from nearly 2,000 publishers. Early BookStats reports showed that book sales grew between 2008 and 2010.

The AAP’s new stats refer to trade books:

Total sales of adult hardcover, paperback and mass market paperback books were $1.23 billion for the first six months of 2011, compared to $1.65 billion in the first six months of 2010–a 25.9 percent decrease.

Total sales of children’s hardcover and paperback books were $447.2 million for the first half of the year, compared to $516 million in the first half of 2010–a 13.3 percent decrease.

E-book revenues were up substantially, totaling $473.8 million in the first six months of 2011, compared to $181.3 million in the first six months of 2010–a 161.3 percent increase.

Sales of downloaded audiobooks also increased by 17 percent during the period.

Combined, sales from all of those categories combined–adult hardcover, paperback and mass market; children’s hardcover and paperback; downloadable audiobooks and e-books–were $5.85 billion for the first half of 2011, compared to $7.21 billion for the first half of 2010–a decease of 18.9 percent. Correction: Guys, apparently I forgot how to do math yesterday. The figures are much lower. These are the correct figures: Sales from adult hardcover, paperback and mass market; children’s hardcover and paperback; downloadable audiobooks and e-books–were $2.19 billion for the first half of 2011, compared to $2.39 billion for the first half of 2010. I apologize for the error.

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