[RPCV Jason Boog (Guatemala 2000-02) is the editor of the important industry page, GalleyCat, which is part of mediabistro.com site. If you write, and or you are interested in publishing, you need to check out this site. Jason writes today a timely piece on the state of book pubishing.]
“According to the Association of American Publishers (AAP) net sales revenue report for December, adult mass market paperback sales dropped 40.9 percent compared to the same period the year before. Overall trade sales declined almost three percent, dipping from $561.3 million to $545.1 million.
“Overall trade book sales saw a four percent drop and mass market paperback sales declined nearly 36 percent for the year. While eBook sales increased 117 percent last year, they still have not closed the gap with declining print sales.
“Here’s more from the release: “The December report represents data provided by 77 publishers and only sales of the participants are reported.”