The Audio Publishers Association released the results from two concurrent studies of audiobook sales patterns and consumer behavior which revealed that that total net sales of audiobooks in 2011 were up from the previous year and that, in general, the audio format is thriving.
According to the independent research firm Lewis&Clark who conducted the 2011 Annual Sales Survey, 3.8 million more audiobooks were sold in 2011 than were sold in 2010, representing a 2.6% increase in total revenues year-over-year.
