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Weekly News Digest

January 9, 2020 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.

CLICK HERE to view more Weekly News Digest items.

DCL Discusses the Audiobook Publishing Market

Data Conversion Laboratory (DCL) posted the following about the continuing success of the audiobook industry:

The audiobook publishing market continues to experience massive growth. As we get ready for a new decade the outlook remains bright for audiobook publishing sales and industry support. …

Deloitte predicts that UK audiobook sales are expected to generate £115 million [about $151 million] in 2020. That translates to a 30% increase since 2018! This summer the Audio Publishers Association conducted a survey of US publishers and reported audiobook sales in 2018 totaled $940 million, a revenue figure that has grown a full 24.5% year-over-year since 2017. Unit sales are up even more, rising 27.3% over 2017.

With sales and profits surging northward, production processes that support such growth and volume will become more important than ever to streamline and manage.

For more information, read the blog post.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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