Book and Reading News

Audiobook sales statistics for 2008

The Audio Publishers Association announced its 2008 sales figures, which fell 6.7 percent to $331 million, according to Publishers Weekly. The decline is due to the falling sales of CD audiobooks, which are more expensive on a per-title basis than downloadable books. CD sales were down to $238 million to 72 percent of the market, compared to 78 percent in 2007.

I’ve updated the BooksAhead audiobook statistics pages to reflect this data.