Across all sectors, US publishing sales in 2022 totaled $28.1 billion, according to the Association of American Publishers.
Catching up with PW's Andrew Albanese
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The Association of American Publishers has released a final account of industry sales for 2022, reports Andrew Albanese, Publishers Weekly senior writer.
“The figures show 2022 that total publishing sales fell 2.6% over 2021,” he tells CCC’s Chris Kenneally.
AAP’s preliminary figures, released in February, had shown a much sharper 6.4% sales decline in 2022 from 2021.
“So what’s changed? The biggest difference is the inclusion of sales in the pre-K–12 educational materials segment that were not captured in the earlier presentation,” Albanese explains.
“K-12 revenue jumped 16.6% in 2022 to $5.61 billion, making the category the only major segment that saw an increase over 2021.”
Every Friday, CCC’s “Velocity of Content” features the editors and reporters of Publishers Weekly for an early look at what news publishers, editors, authors, agents, and librarians will be talking about when they return to work on Monday.
