The Audio Publishers Association’s annual sales survey showed, for the tenth year in a row, a double-digit increase in the sales of audiobooks, Publishers Weekly reported in June 2022. ![]() In 2020, publishers saw a 12% increase in revenue from audiobooks. Amid the pandemic, audiobook sales skyrocketed and continued to increase steadily. Audiobooks Are the Fastest-Growing FormatĪccording to Writers Digest, audiobooks are the fastest-growing format in book publishing. Fantasy, science fiction, and thrillers are among the top-selling genres for audiobooks. Publishers Weekly reports that the number of audiobook titles published in 2021 was nearly 74,000, which is a 6% increase from 2020’s audiobook titles published. Everyone I knew reading Spare didn’t get the hardcover edition – they wanted the audiobook because Prince Harry narrated it.Īudiobooks are the single fastest-growing format in all of book publishing, and the publishing world is wise to take note of this fact and invest resources accordingly. Spare’s audiobook version, like Finding Me, was read by its author, the redheaded prince himself. The title gave January 2023 a massive boost for book sales when it published on January 10 and sold 1.4 million copies in all formats – including audiobooks – in the UK, U.S., and Canada on its release day. In addition to Davis’s 2022 memoir, another hot title in the audiobook world is Spare, Prince Harry’s tell-all memoir published by Penguin Random House. Audiobooks are big business, and we need only to look at recent titles to see that the proof is in the digital pudding. Their success can be attributed to factors like accessible online audiobook platforms, A-list narrators like Davis, and even the demise of anti-audiobook snobbery (more on that below). ![]() The demand for audiobooks, such as Finding Me, continues to rise among consumers. Accepting her award, Davis said joyfully at the Grammy’s, “I wrote this book to honor the six-year-old Viola, to honor her, to honor her life, her joy, her trauma, her everything.” The Hollywood powerhouse now has a Grammy, an Emmy, an Oscar, and a Tony, and she has her work in the audiobook field to thank for this newly minted status. Actress Viola Davis joined EGOT status when she won a Grammy this month for her audiobook performance for her memoir Finding Me, published by HarperCollins in April 2022.
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