Technology Once Again Transforms the Audiobook Market
Sales grow as personal audio players become more mainstream.
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Rapid Growth in the Industry
The 2006 APA survey revealed audiobook sales of $923 million, a 6-percent increase over 2005. Direct sales to libraries, representing 32 percent of the market, are closely followed by retail sales as being the largest sales channels for audiobooks. Sixty-nine percent of sales are in the fiction category, and 71 percent of the sales are unabridged books.
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Craig Guillot
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