Audiobooks are a $1 Billion+ Industry and Showing Steady Growth
The Audio Publishers Association releases results from concurrent studies that reveal sales patterns and consumer behavior
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How is the move to digital affecting the landscape?
The consumer survey shows that those who prefer download and streaming formats are younger and more affluent than those who listen mostly on CD.
The Bowker survey also shows that the greatest potential for sales growth exists in these digital formats. Of those respondents who purchased an audiobook digital download in the past year, nearly 60% stated that they plan to buy more often in that format in the future.
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- Bowker
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